September 16, 2024 11:18 GMT
CREDIT SUPPLY: CPI Property (CPIPGR: Ba1 neg/ BB+ neg): Tender + New Issuance
CREDIT SUPPLY
- New Long 7yr
- Tendering 2026 notes XS2171875839 EUR 627,061m
- Tendering 2027 notes XS2069407786 EUR 617,558m
- Purchase Price for Priority Notes: 97.00 for 26; 94.00 for 27
- Purchase Price for Tender only: 96.75 for 26; 93.65 for 27
- Target size on Tender is 600m.
- The company will use Proceeds from issuance + 200m from asset disposals to fund the tender.
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