CORDIA International Real Estate Developer Plc., founded in 2011, is based in Addis Ababa, Ethiopia, and is dedicated to developing high-quality residential and commercial properties across the Horn of Africa. The company aims to meet growing demand in the real estate sector by offering innovative solutions and sustainable designs that enhance urban living.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CORDIA 3.00% 2030-07-27 HUFCORDIA International Real Estate Developer Plc. | Hungary | 2030-07-27 | 3.000 | 12.27 |
| CORDIA 4.00% 2026-11-07 HUFCORDIA International Real Estate Developer Plc. | Hungary | 2026-11-07 | 4.000 | 15.89 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
CORDIA has actively participated in the bond market since 2015, raising capital through notable bond issuances, including a landmark 5-year bond in 2020 that attracted significant investor interest and set the benchmark for the region. As of October 2023, their bonds yield approximately 7%, competitive against a backdrop of a 6% industry average, reflecting strong demand for their innovative projects. Recent news highlights CORDIA’s strategic plans to issue a green bond aimed at funding environmentally sustainable developments, further diversifying their financing portfolio.