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FAQ: Paragon's Second Bondholders' Meeting on December 19, 2025
TL;DR
paragon's second bondholders meeting offers investors a chance to influence favorable bond term adjustments and potentially improve their financial position.
paragon GmbH & Co. KGaA will hold an in-person bondholders meeting on December 19, 2025 in Delbrück after a first vote failed to reach quorum.
paragon's transparent bondholder engagement process demonstrates corporate accountability and aims to build trust with investors through direct communication.
paragon, an automotive technology innovator, hosts bondholder meetings in Delbrück, Germany, with CEO Klaus Dieter Frers leading the discussions.
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The announcement informs bondholders that Paragon GmbH & Co. KGaA is inviting them to a second bondholders' meeting on December 19, 2025, after the first vote without a meeting failed to reach the required participation quorum.
A second meeting is being held because the first vote without a meeting from November 27-29, 2025, did not reach the required participation quorum, with only 3.00% of total outstanding bonds participating.
The meeting will take place on December 19, 2025, at 10 a.m. at Hotel Waldkrug, Graf-Sporck-Strasse 34, 33129 Delbruck, Germany, which is near the company's headquarters.
Paragon GmbH & Co. KGaA, with CEO Klaus Dieter Frers stating they expect discussions with investors' protection associations and major bondholders to lead to broad approval at this second creditors' meeting.
The meeting concerns the EUR bond with ISIN: DE000A2GSB86 / WKN: A2GSB8, where Paragon has proposed adjustments to the bond terms.
Yes, together with the SdK (German Shareholders' Association), there will be another informational event beforehand, for which a separate invitation will be sent.
Yes, the announcement states that 'A participation fee will be provided,' though the specific amount or details are not specified in the content.
Bondholders can contact the capital market team at Paragon via phone at +49 (0) 52 50 - 97 62-100, email at investor@paragon.ag, or visit their website at www.paragon.ag for more information.
Paragon develops, produces, and distributes solutions in automotive electronics, body kinematics, and electromobility, including air quality management, display systems, acoustic systems, aerodynamic systems, and battery management systems.
Curated from NewMediaWire

