Issuer |
Finance for People (No.1) PLC, St Catherine's Court, Herbert Road, Solihull, West Midlands, B91 3QE |
Closing Date |
June 1997 |
Originators |
The National Home Loans Corporation PLC, St. Catherine's Court, Herbert Road, Solihull, West Midlands, B91 3QE Paragon Mortgages Limited, St Catherine's Court, Herbert Road, Solihull, West Midlands, B91 3QE Societe Generale, Exchange House, Primrose Street, Broadgate, London, EC2A 2HT |
Notes Issued |
Class A1 |
Class A2 |
Class B |
Class C |
|
£67,000,000 |
£128,780,000 |
£16,920,000 |
£11,290,000 |
Margins |
6bp |
13bp |
35bp |
69bp |
Step Up Dates |
31 August 1999 |
31 August 2003 |
31 August 2003 |
31 August 2003 |
Step Up Margins |
20bp |
45bp |
75bp |
175bp |
Optional Redemption Dates |
31 August 1999 |
31 August 2000 |
31 August 2000 |
31 August 2000 |
Principal Determination Dates |
Nine days, or if earlier, 5 business days prior to the Interest Payment Date |
Interest Payment Dates |
Last Bsuiness day of May, August, November and February |
Lead Manager |
Deutsche Bank AG London, 6 Bishopsgate, London, EC2P 2AT |
Administrator |
Paragon Finance PLC, St. Catherine's Court, Herbert Road, Solihull, West Midlands, B91 3QE |
Trustee |
Citicorp Trustee Company Limited, 336 Strand, London WC2R 1HB |
Rating Agency |
Moody’s Investor Services Limited, 2 Minster Court, Mincing Lane, London, EC3R 7XB |
Principal Paying / Reference Agent/Exchange Rate Agent |
Citibank N.A., 5 Carmelite Street, London, EC4Y 0PA |
Legal Advisors to the Issuer/Administrator |
Slaughter and May, 35 Basinghall Street, London, EC2V 5DB |
Legal Advisors to the Lead Managers and Trustee |
Simmons and Simmons, CityPoint, One Ropemaker Street, London, EC2Y 9SS |
Auditors to the Issuer |
Deloitte & Touche, Colmore Gate, 2 Colmore Row, Birmingham, B3 2BN |
Underlying Assets |
First Charged Residential Mortgages |
Subordinated Loan Provider |
Paragon Finance PLC, St. Catherine's Court, Herbert Road, Solihull, West Midlands, B91 3QE |
Stand By Servicer |
Barclays Bank PLC, acting through Barclays Direct Loan Services (PO Box 444, Leeds, LS11 8DD) |
SWAP Counterparty |
Deutsche Bank AG London, 6 Bishopsgate, London, EC2P 2AT |