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The Notes are expected to commence trading on the New York Stock Exchange within 45 days after the Notes are first issued. The Notes will be issued in minimum denominations of $25.00 and integral multiples of $25.00 in excess thereof. Deutsche Bank Securities and Jefferies LLC are acting as joint book-running managers for the offering. Maxim Group LLC and MLV & Co. are acting as co-managers for the offering. When available, copies of the prospectus supplement and accompanying base prospectus related to the offering may be obtained from Deutsche Bank Securities Inc., Attn: Prospectus Department, Harborside Financial Center, 100 Plaza One, Floor 2, Jersey City, NJ 07311, or at 1-800-503-4611 or prospectus.cpdg@db.com or Jefferies LLC, Attn: Prospectus Department, 520 Madison Ave, 2nd Floor, New York, NY 10022, or at 1-877-547-6340 or prospectus_department@jefferies.com. This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. A shelf registration statement relating to the Notes was filed with the SEC and is effective. The offering may be made only by means of a prospectus supplement and accompanying base prospectus. Paragon Shipping Inc. announces a public offering of senior notes due 2021 Athens, Greece (August 5, 2014) Paragon Shipping Inc. (NASDAQ:PRGN) ("Paragon Shipping" or the "Company") announced today that it intends to offer senior unsecured notes due 2021 (the "Notes") pursuant to its effective shelf registration statement. The Company expects to use the net proceeds of the offering to repay outstanding indebtedness and for general corporate purposes. In connection with this offering, the Company intends to file an application to list the Notes on the New York Stock Exchange. The Notes will be issued in minimum denominations of $25.00 and integral multiples of $25.00 in excess thereof. Deutsche Bank Securities and Jefferies LLC will act as joint book-running managers for the offering. Maxim Group LLC and MLV & Co. will act as co-managers for the offering. When available, copies of the prospectus supplement and accompanying base prospectus related to the offering may be obtained from Deutsche Bank Securities Inc., Attn: Prospectus Department, Harborside Financial Center, 100 Plaza One, Floor 2, Jersey City, NJ 07311, or at 1-800-503-4611 or prospectus.cpdg@db.com or Jefferies LLC, Attn: Prospectus Department, 520 Madison Ave, 2nd Floor, New York, NY 10022, or at 1-877-547-6340 or prospectus_department@jefferies.com. This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. A shelf registration statement relating to the Notes was filed with the SEC and is effective. The offering may be made only by means of a prospectus supplement and accompanying base prospectus. 
Paragon Shipping Inc. press release
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