Transaction

DCM
04/2025

Key takeaways

Client
Our role
Joint Bookrunner
Year
2025
Deal type
DCM
Wartość transakcji

Transaction description

Trigon acted as Distributor in the issue of 4-year secured bonds of PragMago S.A. worth PLN 50 million. It was the largest bond issue in the history of Pragmago S.A., and at the same time the third issue carried out within the framework of the 5th Prospective Public Bond Issuance Program valid until September 2025 with a total value of PLN 500 million. It was also the first issue carried out on the basis of a prospectus, addressed to individual investors, in which Trigon participated. This transaction reflects Trigon's ambition to offer its professional clients a full spectrum of investment opportunities in the primary and secondary bond markets. Pragmago is one of the largest and longest-running (27 years) non-bank financial institutions specializing in financing micro, small and medium-sized enterprises. The company acts as both a financial institution and fintech — the creator of modern technological solutions used in diverse distribution channels, such as digital factoring or embedded finance (Merchant Cash Advance and PragmaPay).

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