Brief: Paragon Plans Prolongation Of Its 2017/2022 Notes Parallel Examination Of A Possible Partial Redemption

paragon GmbH & Co KgaA

20/01/2022 07:33

Jan 20 (Reuters) - PARAGON GMBH & CO KGAA  PGNG.DE :
    * PARAGON PLANS PROLONGATION OF ITS 2017/2022 NOTES;
PARALLEL
EXAMINATION OF A POSSIBLE PARTIAL REDEMPTION
    * IS ALSO EXAMINING IN PARALLEL A PARTIAL REDEMPTION OF
2017/2022
NOTES WITH FUNDS FROM POSSIBLE CHANGES IN COMPANY'S INVESTMENT
PORTFOLIO
    * 9-MONTH TODAY DECIDED TO INVITE HOLDERS OF ITS EUR 50
MILLION
4.50% NOTES 2017/2022 MATURING IN JULY 2022 TO A VOTE WITHOUT A
MEETING PURSUANT TO SECTION 18 OF GERMAN BOND ACT IN ORDER TO
EXTEND MATURITY OF 2017/2022 NOTES BY FIVE YEARS, I.E. UNTIL 5
JULY 2027, ON UNCHANGED TERMS

Source text for Eikon:  ID:nEQc35HZSa 
Further company coverage:  PGNG.DE 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))