CPI bags €600m, plans bond build out to Swissies and yen

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CPI bags €600m, plans bond build out to Swissies and yen

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Hong Kong residential buildings | leungchopan - Fotolia

CPI Property Group, which owns real estate in Berlin and Central and Eastern Europe, printed a €600m 3.5 year senior bond on Wednesday, riding high on the back of a recent ratings upgrade to consolidate and refinance its debt. After a successful trade, CPI’s chief financial officer, ex-Deutsche Bank CEEMEA banker David Greenbaum, is setting his sights on Swiss francs and Pro-Bonds.

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