On 13 February 2013, The Paragon Group of Companies PLC launched an offer of 6% sterling bonds due December 2020. The bonds are available to retail investors.
The bonds will pay a fixed rate of interest of 6% per annum, payable twice yearly on 5 March and 5 September of each year with a final short coupon for the period from (and including) 5 September 2020 to (but excluding) 5 December 2020 paid on 5 December 2020.
The first coupon payment will be made on 5 September 2013 and the bonds will mature on 5 December 2020. 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.