On 14 January 2014, The Paragon Group of Companies PLC launched an offer of 6.125% sterling bonds due January 2022. The bonds are available to retail investors.
The bonds will pay a fixed rate of interest of 6.125% per annum, payable twice yearly on 30 January and 30 July of each year. The first coupon payment will be made on 30 July 2014 and the bonds will mature on 30 January 2022.
The bonds are expected to be listed on the Official List of the UK Listing Authority and admitted to trading on the Order Book for Retail Bonds segment of the regulated market of the London Stock Exchange.