DGAP-News: 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.

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EQS

Retrieved on:

Friday, September 4, 2020

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Tags:

Companies, CPI Property Group, ING Group, Finance

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Organisation:

CPI PROPERTY GROUP

Summary

Key Points:

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:

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

[email protected]

CPI PROPERTY GROUP

Joe Weaver

Director of Capital Markets

[email protected]

MEDIA/PR

Kirchhoff Consult AG

Andreas Friedemann

T +49 40 60 91 86 50, F +49 40 60 91 86 60

E [email protected]

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.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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:	[email protected]
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