EQS-News
CPI PROPERTY GROUP – Green Bond Issue by S IMMO
EQS-News: CPI PROPERTY GROUP / Key word(s): Bond/ESG |
CPI Property Group
(société anonyme)
40, rue de la Vallée
L-2661 Luxembourg
R.C.S. Luxembourg: B
102 254
Press Release - Corporate News
Luxembourg, 28 June 2023
CPI PROPERTY GROUP – Green Bond Issue by S IMMO
CPI Property Group (“CPIPG”) is pleased to acknowledge the recent press release of our subsidiary S IMMO AG regarding a highly successful EUR 75 million 5-year green bond issue.
The press release of S IMMO AG issued on 28 June 2023 is copied below in its entirety.
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S IMMO AG (Bloomberg: SPI:AV, Reuters: SIAG.VI; ISIN: AT0000652250, the "Company") is pleased to announce the successful pricing of EUR 75m of green bonds. The green bonds (ISIN AT0000A35Y85)
have a five-year term and carry a fixed coupon of 5.5% per annum.
The green bonds have a minimum denomination of EUR 500 and are being marketed for subscription by private investors in Austria and Germany until 11 July 2023 (subject to early closing). The green
bonds will be listed on the Official Market of the Vienna Stock Exchange in the corporates prime segment. Proceeds will be used to finance or refinance eligible green projects as defined in S
IMMO AG's sustainable bond framework.