The Payments Group Holding Issues Convertible Bond of Up to 2.3 Million EUR

The Payments Group Holding GmbH & Co. KGaA (PGH), based in Frankfurt, has announced the issuance of a mandatory convertible bond with a nominal amount of up to 2.3 million EUR. This move comes with subscription rights and offers a 10% annual interest rate over a three-year term. Shareholders can subscribe to these partial bonds, each valued at 100 EUR, from January 13 to January 27, 2026.

The bond aims to boost liquidity and support PGH's financial strategy until asset sales or receivable collections from SGT Capital Group. The company reserves the right to early repay bonds from February 1, 2027. The conversion rate is set at 0.20 EUR per share, marking a 55% discount on recent Xetra closing prices. Key stakeholders, including PGH leadership, have pledged to fully exercise their subscription rights.

If unsuccessful, the bond's placement could impact company viability. PGH is focusing on expanding its business fields, including its investment in Softmax AI GmbH.