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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Language: English Company: CPI PROPERTY GROUP 40, rue de la Vallée L-2661 Luxembourg Luxemburg 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 EQS News ID: 1127877
  End of News DGAP News Service

1127877  04.09.2020