CPI PROPERTY GROUP
Czech Property Investments, a.s. issues CZK 1.335 billion new bonds
DGAP-News: CPI PROPERTY GROUP / Key word(s): Bond 2015-08-24 / 18:02 --------------------------------------------------------------------- Luxembourg, 24 August 2015 Czech Property Investments, a.s. issues CZK 1.335 billion new bonds Further to its press release of 8 July 2015 CPI PROPERTY GROUP announces that its fully owned subsidiary Czech Property Investments, a.s. completed an issue of CZK 1.335 billion (app. EUR 50 million) bonds today. The interest of investors, mainly private clients of Komerční banka, a.s. and UniCredit Bank Czech Republic and Slovakia, a.s., lead co-managers of the issue, exceeded the initial expectations at the level of CZK 1 billion. The Czech law governed unsecured bonds CPI 4.75/19, registered under ISIN code CZ0003512782, have been admitted to trading on the Prague Stock Exchange as of today. The bonds with CZK 10,000 nominal value are due on 24 August 2019 and carry a fixed coupon of 4.75%. The coupon is payable on quarterly basis. "The bond financing has become a standard and important way of financing of our business activities and provides an alternative to bank financing. The bond financing is standard among similar-sized companies across Western Europe and we are glad to be the leader of the Czech market in this segment. This new bond issue follows earlier bond tranches, which include issues that have been already repaid or re-issued. Today's issue is an important step, since we appealed to private clients of Komerční banka, a.s. and UniCredit Bank Czech Republic and Slovakia, a.s. and also decreased costs of our financing. We highly appreciate the trust of our investors and believe, that demand for this issue reflects our successful expansion in the past years" Martin Němeček, CEO, commented. The prospectus for the bonds has been approved by the Czech National Bank on 1 July 2015 and is available at the website of the issuer at www.cpi.cz. For further information please contact: Kirchhoff Consult AG Sebastian Bucher Herrengraben 1 20459 Hamburg T +49 40 60 91 86 18 F +49 40 60 91 86 60 E sebastian.bucher@kirchhoff.de --------------------------------------------------------------------- 2015-08-24 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 --------------------------------------------------------------------- 388987 2015-08-24
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