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Daily Bond Info
CIPF Junior Notes
Market Price Rs 1,000.03
Previous Close Rs 1,000.03
Trend
% Change -
Transaction Value -
Last update: 14th December 2017 @ 02:43:00
Bond Performance CIPF JR TR NOTES
Last update: 14th Dec 2017 @ 3:09:56 PM
Bond Performance CIPF SR TR NOTES
Last update: 14th Dec 2017 @ 3:09:56 PM
Daily Bond Info
CIPF Senior Notes
Market Price Rs 101,144.91
Previous Close Rs 101,144.91
Trend
% Change -
Transaction Value -
Last update: 14th December 2017 @ 02:43:00
Bondholders' Diary

Financial year ending 30 June 2018

Q1 Report:  10 November 2017
   

 

Financial year ending 30 June 2017

Q3 Report:  09 May 2017
Full year results        21 August 2017

 

 

Financial indicators 2017
Property portfolio value Rs 647m
Secured floating rate notes Rs 560m
Interest junior tranche (% p.a.) 6.5%
Interest senior tranche (% p.a.) 5.5%
Number of years of leases with tenants 20 years
Corporate Profile

Commercial Investment Property Fund (“CIPF”), subsidiary of ENL Commercial, is a property fund owning fully leased out commercial and industrial assets in Mauritius.

 

CIPF has issued MUR 560 million secured floating rate notes with a ten-year tenor in January 2017, through a private placement. The proceeds were utilised to finance the acquisition of tenanted properties from ENL Commercial Limited and its subsidiaries.


The Notes comprise 4,000 senior tranche Notes with a nominal value of MUR 100,000 each and 160,000 junior tranche Notes with a nominal value of MUR 1,000 each. The senior tranche has an annual floating rate coupon of Repo rate + 2 %, currently at 5.5 %, and the junior tranche at Repo rate + 3 %, currently at 6.5%. The senior tranche of the Notes has been assigned an investment grade rating of CARE MAU A- (SO) by Care Ratings.

 

Our Directors
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FAQ
Contact Persons


For investor related enquiries:

Sandra Lincoln
T: +230 404 95 00
Email

For general enquiries :

Virginie Corneillet
T: +230 404 95 00
Email