Free Trial

CPI Properties (CPIPGR: Ba1 neg/BB+ neg): Higher

CREDIT UPDATE
  • CPI Properties announced a complicated deal yesterday where they would sell their stake in S-Immo to Immofinanz.
  • CPI themselves own 75% of Immofinanz and are lending money to that entity to buy the S-IMMO stake.
  • Nevertheless, the market is taking the news well:
  • CPIPGR 4.875% Call26 +0.92
  • CPIPGR 3.75% Call28 +1.625

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.