DGAP-News: CPI PROPERTY GROUP - Additional Short-Term Debt Repayment
DGAP-News: CPI PROPERTY GROUP
/ Key word(s): Financing/Real Estate
CPI PROPERTY GROUP - Additional Short-Term Debt Repayment
04.09.2020 / 19:09
The issuer is solely responsible for the content of this announcement.
CPI PROPERTY GROUP
(société anonyme)
40, rue de la Vallée
L-2661 Luxembourg
R.C.S. Luxembourg: B 102 254
PRESS RELEASE
Luxembourg, 4 September 2020
CPI PROPERTY GROUP - Additional Short-Term Debt Repayment
CPI PROPERTY GROUP ("CPIPG" or the "Group"), the leading owner of income generating real estate in the Czech Republic, Berlin and the CEE region, announces the repayment of EUR 39.5 million of schuldschein maturing in 2023. The schuldschein were purchased in the secondary market.
Year-to-date, CPIPG has repaid nearly EUR 900 million of debt maturing in 2022, 2023, 2024 and 2025 and will continue to explore opportunities to optimize the Group's capital structure.
For more on CPI PROPERTY GROUP, visit our website: www.cpipg.com
For further information please contact:
INVESTORS
CPI PROPERTY GROUP
David Greenbaum
Chief Financial Officer
d.greenbaum@cpipg.com
CPI PROPERTY GROUP
Joe Weaver
Director of Capital Markets
j.weaver@cpipg.com
MEDIA/PR
Kirchhoff Consult AG
Andreas Friedemann
T +49 40 60 91 86 50, F +49 40 60 91 86 60
E andreas.friedemann@kirchhoff.de
04.09.2020 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.
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1127877 04.09.2020