Paragon Announces Refinancing Completion

Refinancing Completion

Further to its announcement on 30 October 2025, PCC Global Plc (“Paragon” or the “Company”), a global provider of business services, is pleased to announce the successful completion of its €450 million offering of euro-denominated fixed-rate senior secured notes due 2030 (the “Notes”) with a coupon of 8.250% (the “Offering”).  The Offering, which priced on 30 October 2025, closed today.

In parallel, Paragon has entered into a €135 million Revolving Credit Facility due May 2030 (“RCF” and together with the Offering, the “Transaction”) with a group of key relationship banks. The RCF will be undrawn at closing and further strengthens the Company’s liquidity position.

The net proceeds from the offering of the Notes will be used to fund the repayment of existing debt, to pay certain fees and expenses in connection with the Offering and for other general corporate purposes. The completion of the Transaction is a significant step in Paragon’s growth journey.  

The refinancing has resulted in a scaleable and flexible funding platform that will help Paragon deliver on its vision to become a world-leading business services company.  The Company has no significant debt maturities until 2030 and therefore has the funding certainty to facilitate the continued execution of exciting organic and inorganic growth opportunities.
 

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