DGAP-News: paragon AG / Key word(s): Financing

26.06.2017 / 09:21
The issuer is solely responsible for the content of this announcement.

paragon AG Sets the Margin of Interest for New Bond

- Margin for the annual fixed interest rate between 4.5% and 5.0%

- Subscription period for the bond starts tomorrow

Delbrück, Germany, June 26, 2017 - paragon AG (ISIN DE0005558696) will offer a new corporate bond (ISIN DE000A2GSB86; WKN A2GSB8) whose subscription period starts tomorrow (Tuesday, June 27, 2017). The interest rate will be published via a pricing notice at the end of the subscription period, which is expected to be June 29, 2017, at 2p.m. (subject to early closure), and will be set on the basis of the received subscription orders.

The margin for the annual fixed interest rate was set today at between 4.5% and 5.0% as a result of investor talks held during the past week. For interested investors, this means that the annual interest rate, which will be set at the end of the subscription period, will be within this margin and will be at least 4.5%.

"During the investor talks in the past week, we encountered substantial interest in purchasing the bond," said Klaus Dieter Frers, founder and CEO of paragon AG. "This confirmed our assessment that there was a sound capital market environment for issuing the bond."

The issuing of the bond is aimed at private investors, institutional investors and asset managers. The bond, which has a nominal value of EUR 1,000, can be purchased at banks or through online brokers at the Frankfurt Stock Exchange via the DirectPlace subscription functionality of Deutsche Börse AG starting on June 27, 2017. The target issue volume is EUR 40 million.

The inclusion of the bonds in trading on the open market of the Frankfurt Stock Exchange in Deutsche Börse AG's Scale segment for corporate bonds is expected to occur on July 5, 2017 (subject to trading on terms of issue before the issue date of the bonds). The securities prospectus, approved by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg and notified to the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) in Germany, as well as supplement No. 1 to the prospectus, which will include the margin of interest (among other details) and is expected to be approved on June 26, 2017, will be available to download at www.paragon.ag/investoren and www.bourse.lu.

This publication is for informational purposes only and constitutes neither an offer to sell nor an invitation to treat nor an invitation to subscribe to securities. The securities that are the subject of this publication will be offered by the issuer exclusively in the Federal Republic of Germany and the Grand Duchy of Luxembourg by way of a public offer. No public offer will be made outside the Federal Republic of Germany and the Grand Duchy of Luxembourg. In particular, the securities have not been and will not be registered pursuant to the U.S. Securities Act of 1933 in its respective current version ("Securities Act") and may not be offered or sold in the United States of America without prior registration under the Securities Act. The securities also will not qualify for an exemption from registration pursuant to the Securities Act. The company does not intend to register any portion of the offering in the United States or to conduct a public offering of the securities in the United States.

This publication does not constitute a prospectus. The Offer will be made exclusively on the basis of the prospectus approved by the Luxembourg Financial Supervisory Authority (CSSF) on June 19, 2017, and notified to the Federal Financial Supervisory Authority of Germany (BaFin), as updated by supplement No.1 (dated June 26, 2017). An investment decision regarding the securities mentioned in this publication should be made exclusively on the basis of the approved securities prospectus, as updated by supplement No. 1. The securities prospectus, as updated by supplement No. 1, will be able to be viewed and downloaded after publication of the supplement No. 1 on the issuer's website at www.paragon.ag in the Investors/Bonds section.

This publication is not intended for distribution, transmission or publication, either directly or indirectly, in whole or in part, in the United States of America, Canada, Australia and Japan nor in countries where the dissemination of this publication is unlawful.

Company Profile
paragon AG (ISIN DE0005558696), which is listed in the regulated market (Prime Standard) of the Frankfurt Stock Exchange, develops, produces and distributes products and systems in the field of automotive electronics, e-mobility and body kinematics. As a direct supplier to the automotive industry, the company's portfolio includes the Electronics operating segment's innovative air-quality management, state-of-the-art display systems and connectivity solutions, and high-end acoustic systems. With the Voltabox subsidiaries, the Group is also active in the rapidly growing Electromobility operating segment with its own lithium-ion battery systems developed in-house. In the Mechanics operating segment, paragon develops, produces and distributes adjustable body components such as adaptively extendable spoilers. paragon AG and its predecessors look back on almost 30 years of company history. In addition to the company headquarters in Delbrück (North Rhine-Westphalia, Germany), paragon AG and its subsidiaries operate sites in Suhl (Thuringia, Germany), Nuremberg (Bavaria, Germany), St. Georgen (Baden-Württemberg, Germany) and Bexbach (Saarland, Germany) as well as in Kunshan (China) and Austin, Texas (USA).
Financial Press & Investor Relations Contact
paragon AG
Dr. Kai Holtmann
Artegastrasse 1
33129 Delbrück, Germany
Phone:     +49 (0) 52 50 - 97 62-140
Fax:     +49 (0) 52 50 - 97 62-63
Email:     kai.holtmann@paragon.ag

26.06.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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