Paragon announces bond offering

PCC Global Plc Announces Offering of €450.0 Million Senior Secured Notes

PCC Global Plc, a public limited company organised under the laws of England and Wales (the "Issuer"), a global provider of business services solutions, is pleased to announce its intention to issue and sell €450 million in aggregate principal amount of euro-denominated fixed-rate senior secured notes due 2030 (the "Notes") in a private placement (the “Offering”) to investors outside the United States pursuant to Regulation S under the Securities Act of 1933, as amended. The Issuer also announces the publication of its annual report detailing the financial results for the year ended June 30, 2025 on its investor relations website page which can be found at https://global.paragon.world/investor-relations. 

The Issuer intends to use the net proceeds from the offering of the Notes (i) to fund the repayment of its existing private placement notes due 2026 (“2026 Private Placement Notes”), existing private placement notes due 2028 (“2028 Private Placement Notes” and together with the 2026 Private Placement Notes, the “Existing Private Placement Notes”), existing senior term loan facility and existing senior multi-currency revolving credit facility,(ii) to pay certain fees and expenses (including the payment of premiums, prepayment fees and/or breakage costs and accrued and unpaid interest) in connection with the Offering and (iii) for other general corporate purposes.