June 19, 2017 / 6:55 AM / 3 months ago

BRIEF-Paragon resolves to issue new bond

June 19 (Reuters) - PARAGON AG

* DGAP-ADHOC: PARAGON AG RESOLVES TO ISSUE NEW BOND

* TARGET VOLUME OF BOND IS EUR 40 MILLION

* TERM IS EXPECTED TO BEGIN ON JULY 5, 2017. REDEMPTION DATE WILL BE JULY 5, 2022

* DECIDED TO OFFER A NEW BOND WITH A NOMINAL VALUE OF EUR 1,000 PER BOND

* OFFER PERIOD IS EXPECTED TO END ON JUNE 29, 2017

* MARGIN OF INTEREST WILL BE SET AND PUBLISHED BEFORE START OF PLANNED OFFERING PERIOD

* OFFER IS SUBJECT TO CONDITION THAT BONDS WITH A MINIMUM TOTAL NOMINAL VALUE OF EUR 20 MILLION BE PLACED Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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