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BRIEF-CPI Property Group says has utilized all of net proceeds from Eurobond issuance
November 24, 2017 / 6:42 AM / 19 days ago

BRIEF-CPI Property Group says has utilized all of net proceeds from Eurobond issuance

Nov 24 (Reuters) - CPI PROPERTY GROUP SA:

* UTILIZATION OF PROCEEDS FROM THE EUR600 MILLION NOTES’ ISSUE

* ALL THE PROCEEDS WERE USED TO REPAY COMPANY‘S SENIOR BANK DEBT AND TO PURCHASE ITS LOCAL BOND DEBT

* NOW EXPECTS IMPROVEMENTS IN ITS FINANCIAL COVENANTS AT THE YEAR-END Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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