Brands
Magazine

ENL grows and manages a portfolio of more than 120 brands

Latest updates

CIPF

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

 

FY2021 Key highlights
  • Property portfolio value
    702
    million rupees
  • Secured floating rate notes
    560
    million rupees
Corporate Profile

In January 2017, CIPF issued Rs 560 million secured floating rate notes with a ten-year tenure 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 Rs 100,000 each and 160,000 junior tranche Notes with a nominal value of Rs 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.

Contact
Talk to our investor relations specialist
Sandra Lincoln
T: +230 +230 404 9500
Email us
Press Releases and Communiqués
  • 14 Mar 2022
    CIPF - Early Redemption of Notes
  • 04 Feb 2022
    CIPF - Notice - Q2 Report - 31 December 2021
  • 15 Nov 2021
    CIPF - Communique - Early Redemption of Notes
Dividend announcements
Quarterly Reports
  • 04 Feb 2022
    CIPF - Q2 Report - 31 December 2021
  • 09 Nov 2021
    CIPF - Q1 Report - 30 September 2021
  • 01 Sep 2021
    CIPF - Full Year Report - 30 June 2021
Presentations
  • 30 Mar 2017
    CIPF - Investor presentation - March 2017
Calendar
Annual reports
Other information
Latest from the Magazine
Subscribe to our Newsletter Enlighten