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BRIEF-Paragon raises EUR 50 mln in corporate bond placement
June 27, 2017 / 10:51 AM / 6 months ago

BRIEF-Paragon raises EUR 50 mln in corporate bond placement

June 27 (Reuters) - PARAGON AG:

* DGAP-NEWS: PARAGON AG PLACES CORPORATE BOND AHEAD OF SCHEDULE AND SETS COUPON AT THE LOWER END OF THE INTEREST MARGIN

* ‍A TOTAL BOND VOLUME OF EUR 50 MILLION WAS PLACED​

* ‍FINAL ANNUAL INTEREST RATE WAS SET AT 4.5% P.A. AND IS THEREFORE AT LOWER END OF INTEREST MARGIN THAT WAS REPORTED BEFORE START OF SUBSCRIPTION (4.50%-5.00%)​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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