PAUL Tech AG / DE000A3H2TU8
25.06.2025 - 16:11:45PAUL Tech AG Secures EUR 120,000,000 Financing Commitment for PAUL Net Zero with MEAG
EQS-Ad-hoc: PAUL Tech AG / Key word(s): Financing 25-Jun-2025 / 16:11 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group. The issuer is solely responsible for the content of this announcement. Disclosure of an inside information acc. to Article 17 of the Regulation (EU) No 596/2014 NOT FOR DISTRIBUTION, PUBLICATION OR FORWARDING IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN OR IN OR INTO ANY OTHER JURISDICTION WHERE SUCH PUBLICATION MIGHT BE UNLAWFUL. Mannheim, 25 June 2025 – Today PAUL Tech AG has secured a long-term financing commitment for EUR 120,000,000 with MEAG, the asset manager of Munich Re group. The financing commitment serves as project financing for "PAUL Net Zero" as a technology platform for the climate neutral supply of heat to residential buildings. The financing is deployed in several tranches, each subject to pre-agreed terms and conditions. The financing is structured as an amortizing facility, with each tranche having a term of up to 10 years. IR Contact: PAUL Tech AG Patrick Weiden Theodor-Heuss-Anlage 12 68165 Mannheim Tel.: +49 621 92 100 100 Fax: +49 621 92 100 101 E-Mail: ir@paul.tech Disclaimer: This document and its contents do not constitute an offer to sell or a solicitation of an offer to buy or subscribe for any securities. No public offer of securities of PAUL Tech AG is being made or is intended. The distribution of this document may be subject to legal restrictions in certain jurisdictions. Persons into whose possession this document comes are requested to inform themselves about and to observe any such restrictions. Failure to comply with such restrictions may constitute a violation of the securities laws of the relevant jurisdiction. End of Inside Information 25-Jun-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com |
Language: | English |
Company: | PAUL Tech AG |
Theodor-Heuss-Anlage 12 | |
68165 Mannheim | |
Germany | |
E-mail: | presse@paul.tech |
Internet: | www.paul.tech |
ISIN: | DE000A3H2TU8 |
WKN: | A3H2TU |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 2160564 |
End of Announcement | EQS News Service |
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2160564 25-Jun-2025 CET/CEST