PAUL Tech Announces Nordic Bond to Refinance Existing Debt

PAUL Tech AG has announced plans to refinance its 2020/2025 bond with a new Senior Secured Green Bond for 2025/2029. The Company is aiming to issue the bond primarily to institutional investors with a minimum subscription of EUR 100,000. Pareto Securities AS and B. Metzler seel. Sohn & Co. are leading the arrangement.

The initiative aligns with PAUL Tech’s ambition to support sustainable energy solutions through its PAUL Net Zero project. CEO Sascha Müller highlighted the step as crucial for the transition to climate-neutral heating. By 2027, they aim to bring climate-neutral heating to 100,000 rental units.

In the first half of 2025, PAUL Tech reported revenues of EUR 30.83 million and an adjusted EBITDA of EUR 3.81 million. Despite a net loss, the company remains optimistic, maintaining its full-year forecast of revenues up to EUR 80 million and a net profit expectation.