CTP & ČSOB sign EUR105Million Refinancing Deal
CTP refinances EUR300 Million in Q3 2014
On Monday 1st December, CTP and its long-term financial partner ČSOB executed a €105 million refinancing package for the successful CTPark Brno which includes a portfolio of seven properties. This agreement with long-term financial partner ČSOB is part of CTP's ongoing efforts to leverage the favourable current market conditions.
CTP has successfully completed €300 Million in refinancing in Q3 2014, which amounts to approximately 25% of the company's portfolio. “CTP is very pleased to reach agreement and extend our long-term cooperation with our trusted financial partner ČSOB, who remain committed to CTP and who recognise the value of CTP's business plan” stated Radek Zeman, CTP CFO.