CPI Property S A : GROUP - Purchases of EUR and CHF Bonds

DGAP-News: CPI PROPERTY GROUP / Key word(s): Bond CPI PROPERTY GROUP - Purchases of EUR and CHF Bonds 20.05.2020 / 18:58 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, 20 May 2020 CPI PROPERTY GROUP - Purchases of EUR and CHF Bonds CPI Property Group ("CPIPG"), the leading owner of real estate in the Czech Republic, Berlin and the CEE region, announces the repurchase of EUR 40 million of 1.45 per cent. Senior Notes due 14 April 2022 and CHF 14.3 million of 1.630 per cent. Senior Notes due 25 October 2023. The bonds were acquired from banks on the secondary market and will be cancelled. "This transaction follows CPIPG's successful debt tender offer and continues our track record of repaying debt well in advance of maturity," said David Greenbaum, CFO of CPIPG. "We believe in maintaining a capital structure which matches the durability and long-term nature of CPIPG's business." For further information please contact: INVESTORS CPI PROPERTY GROUP David Greenbaum Chief Financial Officer [e-mail] CPI PROPERTY GROUP Joe Weaver Director of Capital Markets [e-mail] MEDIA/PR Kirchhoff Consult AG Andreas Friedemann T [phone], F [phone] E [e-mail] 20.05.2020 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:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.cpipg.com
ISIN:	LU0251710041
WKN:	A0JL4D
Listed:	Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Dusseldorf, Stuttgart
EQS News ID:	1052407

End of News	DGAP News Service

1052407  20.05.2020