CPI Property Group has sold GBP 350m in green bonds, which means they’ll be used for the financing of ecological projects. The 8-year securities carry a coupon of 2.938 percent and the final amount exceeded the original planned volume by GBP 100m. The new bonds add yet another source of financing for the company, which has already issued bonds in the Swiss, Japanese, Hong Kong currencies and in US dollars. The company no longer has any outstanding Czech paper. Last year, CPI announced it was going on a spending spree for Warsaw-based office assets.
