CPI PROPERTY GROUP
CPI PROPERTY GROUP: Czech Property Investments, a.s. issuing CZK 1 billion new bonds
CPI PROPERTY GROUP / Key word(s): Bond Czech Property Investments, a.s. issuing CZK 1 billion new bonds Luxembourg, 8 July 2015. CPI PROPERTY GROUP announces that its fully owned subsidiary Czech Property Investments, a.s. gave mandate to Komerční banka, a.s. and UniCredit Bank Czech Republic and Slovakia, a.s., as lead co-managers, to launch a new bond issue in the expected amount of CZK 1 billion (app. EUR 37 million). The Czech law governed bonds with maturity date on 24 August 2019 and a fixed coupon of 4.75% shall be issued on 24 August 2015. The lead co-managers will offer the bonds to its private clients and selected institutional investors and will hold series of investor presentations. Subscription of the bonds shall be made via public offer, which starts today. The bonds will be registered with the Central Securities Depository Prague under ISIN code CZ0003512782 and are intended to be traded on the Prague Stock Exchange. The prospectus for the bonds has been approved by the Czech National Bank on 1 July 2015. “Bond financing has become a standard and important way of financing of our business activities. We have already issued, repaid and re-issued several bond tranches. We believe this bond issue will appeal to investors’ attention given the excellent business track record of CPI PROPETY GROUP in recent years as well as attractive coupon and other terms that we offer” Martin Němeček, CEO, commented. For more details please refer to the bonds prospectus, which is available at the website of Czech Property Investments, a.s. at www.cpi.cz. Contact:Kirchhoff Consult AG Sebastian Bucher Herrengraben 1 D-20459 Hamburg T +49 40 60 91 86 18 F +49 40 60 91 86 60 sebastian.bucher@kirchhoff.de 2015-07-08 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
Language: | English | |
Company: | CPI PROPERTY GROUP | |
40, rue de la Vallée | ||
L-2661 Luxembourg | ||
Grand Duchy of Luxembourg | ||
Phone: | +352 264 767 1 | |
Fax: | +352 264 767 67 | |
E-mail: | contact@cpipg.com | |
Internet: | www.cpipg.com | |
ISIN: | LU0251710041 | |
WKN: | A0JL4D | |
Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Dusseldorf, Stuttgart | |
End of News | DGAP News-Service |
376465 2015-07-08 |