22nd Feb

Paragon Bond Offer to Close Early

The Paragon Group announced today that the offer period for its inaugural retail bond due to end on 26th February 2013 would close early at 5pm (London Time) on Friday 22nd February 2013
The aggregate nominal amount of the Notes to be issued will be £60 million.     

Nigel Terrington, Chief Executive of Paragon, commented: "We are delighted with the success of our debut retail bond. The positive response from investors demonstrates the attractiveness of Paragon. The bond complements our already strong balance sheet, allows us to diversify our funding base and extend the tenor of our borrowings." 

More information to follow......

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