Paragon operates as Axishealth, Lifetime Planning and Tender Living. The proceeds from the notes issue, with a coupon rate of 11% per year, should allow Paragon to complete the purchase of Iona Medical Products Pty Ltd and Volker (Australia) Pty Ltd.
Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania
Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...