CPI Property Group sets make-whole redemption at 100% for EUR 750 million 2.875% notes due 2027 - XLRE News | RalliesCPI Property Group sets make-whole redemption at 100% for EUR 750 million 2.875% notes due 2027
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XLRE• Make-whole redemption set for 2027 notes
- CPI Property Group set a make-whole redemption amount of 100% of nominal for its EUR 750 million 2.875% Senior Notes due April 23, 2027.
- The redemption follows an issuer call notice dated July 8 to redeem all outstanding notes on the optional redemption date.
- The nominal amount outstanding totals EUR 132.82 million.
- The determination agent set the optional redemption amount on July 21 as the reference date.
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