CPI Property Group has issued new bonds with a 5 percent annual yield by its subsidiary CPI Finance Slovakia. A total of €50m in €1,000 bonds are on offer through J&T Bank. “We’re taking advantage of low interest rates and all kinds of cheap financing in a move to reduce the costs of financing our activities,“ says Martin Němeček, general director of CPI Property Group. He says the group secured refinancing of loans worth €300m with lower margins, a step that is expected to positively influence economic results in 2015 and the next five years.
