PAUL 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 Disclosure of an inside information acc. to Article 17 of the Regulation (EU) No 596/2014 PAUL Tech AG Secures EUR 120,000,000 Financing Commitment for PAUL Net Zero with MEAG 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: Disclaimer: End of Inside Information
25-Jun-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
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