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PAUL Tech AG: Creditors of the EUR 35 million bond will be offered a one-year extension of the bond; refinancing through the issuance of a Nordic bond is not being pursued further for the time being
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- Creditors offered one-year bond extension option.
- Nordic bond refinancing plans have been abandoned.
- Improved profitability expected from PAUL Net Zero rollout.
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EQS-Ad-hoc: PAUL Tech AG / Key word(s): Bond/Financing |
AD-HOC RELEASE
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE LAW.
THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER OF SECURITIES IN ANY JURISDICTION.
Public disclosure of inside information according to Article 17 para. 1 of the Regulation (EU) No 596/2014 on market abuse (Market Abuse Regulation – MAR).
PAUL Tech AG: Creditors of the EUR 35 million bond will be offered a one-year extension of the bond; refinancing through the issuance of a Nordic bond is not being pursued further for the time being
Mannheim, 8 October 2025 – PAUL Tech AG as issuer ("Issuer") of the existing EUR 35m 7.00% 2020/2025 bond (ISIN: DE000A3H2TU8 / WKN: A3H2TU; "Bond") hereby announces that the intended refinancing of the Bond through the issuance of a new bond in the Nordic Bond format will not be pursued for the time being. Instead, the Issuer offers the bondholders an extension of the maturity by a further twelve months. The Issuer will shortly publish an invitation to a bondholders’ meeting regarding the amendment of the bond terms.
The Issuer expects a significant improvement in its operating profitability over the next twelve months due to the accelerated roll-out of the PAUL Net Zero product since the end of Q2/2025 as well as the implementation of a capital increase. Furthermore, the Issuer assumes that these measures will lead to a substantial improvement in its creditworthiness and thereby create an optimized basis for a long-term refinancing of the Bond.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE LAW.
THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER OF SECURITIES IN ANY JURISDICTION.
Public disclosure of inside information according to Article 17 para. 1 of the Regulation (EU) No 596/2014 on market abuse (Market Abuse Regulation – MAR).
PAUL Tech AG: Creditors of the EUR 35 million bond will be offered a one-year extension of the bond; refinancing through the issuance of a Nordic bond is not being pursued further for the time being
Mannheim, 8 October 2025 – PAUL Tech AG as issuer ("Issuer") of the existing EUR 35m 7.00% 2020/2025 bond (ISIN: DE000A3H2TU8 / WKN: A3H2TU; "Bond") hereby announces that the intended refinancing of the Bond through the issuance of a new bond in the Nordic Bond format will not be pursued for the time being. Instead, the Issuer offers the bondholders an extension of the maturity by a further twelve months. The Issuer will shortly publish an invitation to a bondholders’ meeting regarding the amendment of the bond terms.
The Issuer expects a significant improvement in its operating profitability over the next twelve months due to the accelerated roll-out of the PAUL Net Zero product since the end of Q2/2025 as well as the implementation of a capital increase. Furthermore, the Issuer assumes that these measures will lead to a substantial improvement in its creditworthiness and thereby create an optimized basis for a long-term refinancing of the Bond.
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