26-10-2023 | Corporate & Ad-hoc news | Financial news | Press releases

paragon launches bond buyback programme

Delbrück | October 26, 2023 - paragon GmbH & Co. KGaA [ISIN DE0005558696] today published details of the bond buyback programme it has agreed. The direct supplier to automotive manufacturers will start on 6 November 2023 to repurchase on the stock exchange its bonds 2017/2027 (ISIN: DE000A2GSB86; WKN: A2GSB8) in an aggregate principal amount of up to EUR 20,211,000.00. The programme will run until 5 July 2025 at the latest.

• Partial redemption in accordance with current bond conditions
• Stock exchange repurchase of up to EUR 20.2 million total nominal amount
• Period from 6 November to 5 July 2025 at the latest