CPI PROPERTY GROUP / LU0251710041
23.07.2025 - 09:56:03Final Results of the Tender Offer Memorandum
CPI PROPERTY GROUP / Key word(s): Bond/Real Estate 23.07.2025 / 09:56 CET/CEST The issuer is solely responsible for the content of this announcement. THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU) 596/2014. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA (THE “UNITED STATES”) OR IN OR INTO ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT. 23 July 2025 Further to the announcement made by CPI Property Group (the “Company”) on 15 July 2025 (the “Launch Announcement”) in relation to its invitation to holders (subject to certain offer and distribution restrictions) of its outstanding EUR 600,000,000 7.000 per cent. Senior Unsecured Green Notes due 7 May 2029 (ISIN: XS2815976126) (of which EUR 600,000,000 is currently outstanding) (the “Notes”) to tender the Notes for purchase by the Company for cash (the “Offer”), the Company today announces (i) the Maximum Acceptance Amount, (ii) the aggregate nominal amount of the Notes validly tendered, (iii) the Final Acceptance Amount, (iv) the details of any Scaling Factor to be applied to Notes, and (v) the aggregate nominal amount of the Notes that will remain outstanding following completion of the Offer. The Offer was made on the terms and was subject to the conditions set out in the tender offer memorandum dated 15 July 2025 (the “Tender Offer Memorandum”). Capitalised terms used in this announcement but not otherwise defined have the meanings given to them in the Tender Offer Memorandum. Final Results The Expiration Deadline for the receipt of valid Tender Instructions in order for Noteholders to participate in the Offer was 4.00 p.m. (London time) on 22 July 2025. As at the Expiration Deadline, a total of (rounded to the nearest EUR 1,000) EUR 313,396,000 in aggregate nominal amount of Notes were validly tendered for purchase pursuant to the Offer. The Company has decided to set each of the Maximum Acceptance Amount and the Final Acceptance Amount at EUR 180,000,000 in aggregate nominal amount of Notes. Accordingly, as the aggregate nominal amount of Notes validly tendered for purchase exceeds the Final Acceptance Amount, the Company will accept all Notes validly tendered for purchase on a pro rata basis, with a Scaling Factor of 56.4344 per cent.. The expected Settlement Date for the Offer and payment of the Purchase Price and Accrued Interest Payment in respect of the Notes accepted for purchase pursuant to the Offer is 25 July 2025. Following settlement of the Offer, EUR 420,000,000 in aggregate nominal amount of the Notes will remain outstanding. For Further Information A complete description of the terms and conditions of the Offer is set out in the Tender Offer Memorandum. Further details about the transaction can be obtained from:
23.07.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group. The issuer is solely responsible for the content of this announcement. The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com |
Language: | English |
Company: | CPI PROPERTY GROUP |
40, rue de la Vallée | |
L-2661 Luxembourg | |
Luxemburg | |
Phone: | +352 264 767 1 |
Fax: | +352 264 767 67 |
E-mail: | contact@cpipg.com |
Internet: | www.cpipg.com |
ISIN: | LU0251710041 |
WKN: | A0JL4D |
Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Dusseldorf, Stuttgart |
EQS News ID: | 2173600 |
End of News | EQS News Service |
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