sur GSG GROUP S.A. (isin : LU0251710041)
CPI Property Group Announces Tender Offer and New Green Bond Issuance
On 16 September 2024, CPI Property Group announced a tender offer for its EUR 750 million 2.750% Senior Notes due 2026 and EUR 750 million 1.625% Senior Notes due 2027. Approximately EUR 627 million of the 2026 notes and EUR 617 million of the 2027 notes are currently outstanding. The company invites holders to tender these notes for cash with the conditions specified in the tender offer memorandum.
Simultaneously, CPI Property Group plans to issue new euro-denominated senior notes around 27 September 2024, subject to market conditions. The company aims to use the net proceeds from the new notes, alongside recent disposals, to purchase the tendered notes, ultimately reducing total debt and extending bond maturity profiles.
These offers are part of CPI Property Group’s ongoing efforts to enhance its debt structure while financing or refinancing projects that align with its Sustainability Finance Framework.
R. E.
Copyright © 2024 FinanzWire, tous droits de reproduction et de représentation réservés.
Clause de non responsabilité : bien que puisées aux meilleures sources, les informations et analyses diffusées par FinanzWire sont fournies à titre indicatif et ne constituent en aucune manière une incitation à prendre position sur les marchés financiers.
Cliquez ici pour consulter le communiqué de presse ayant servi de base à la rédaction de cette brève
Voir toutes les actualités de GSG GROUP S.A.