Passerinvest Group, a.s. , a leading development and investment company on the Czech market, has successfully completed the issue of PSG 7.60/28 bonds. The bonds were issued for 5 years with a total subscribed volume of CZK 750 million. The bonds were issued with a coupon rate of 7.60% p.a. and quarterly payment of coupons.
CPI Property Group, the largest property owner in the Czech Republic, Berlin, Warsaw and the region of Central and Eastern Europe, announces the successful issue of ten-year senior unsecured bonds and hybrid bonds with a total value of EUR 1 billion.
PasserInvest is hoping to raise CZK 550 through a new bond issue which it plans to use in order to buy back buildings it developed and then sold in the BB Centrum complex in Prague 4.
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