DGAP-News 516 0 Kommentare Czech Property Investments, a.s. issues CZK 1.335 billion new bonds

DGAP-News: CPI PROPERTY GROUP / Key word(s): Bond
Czech Property Investments, a.s. issues CZK 1.335 billion new bonds

24.08.2015 / 18:02

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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

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24.08.2015 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
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
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388987 24.08.2015