CPI Property Group - Returning Slowly - Positioning

Having assessed the credit metrics and the pricing of our position in the CPI Perpetual securities, we have taken profit of what has been a 37% trade. Going forward, our analysis builds on the current valuation environment and the maturity profile of CPI, while also considering how management strategy may impact risk and return.

CPI Property Group Credit Research, Analysis, Capital Structure, Legal Analysis
Aengus McMahon