EM-focused CPI Property to issue securities in perpetual and 2031 tranches

By Cady Vishniac

Detroit, Jan. 19 – CPI Property Group plans to issue a tranche of fixed-rate securities Jan. 27, 2031 and a second perpetual tranche with a seven-and-a-half-year non-call period, according to a market release.

Both tranches are expected to come with benchmark sizing.

Stabilization managers for the issue are Credit Suisse, HSBC, J.P. Morgan, Raiffeisen Bank International and Santander.

CPI Property is a Luxembourg-based real estate company focused on property investments in Central and Eastern Europe.

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