| Issuer |
Finance for People (No.4) PLC, St Catherine's Court, Herbert Road, Solihull, West Midlands, B91 3QE |
| Closing Date |
September 1998 |
| Originators |
Paragon Car Finance Limited, St. Catherine's Court, Herbert Road, Solihull, West Midlands, B91 3QE
Paragon Personal Finance Limited, St Catherine's Court, Herbert Road, Solihull, West Midlands, B91 3QE |
| Notes Issued |
Class A1 |
Class A2 |
Class B |
| |
£44,350,000 |
£119,000,000 |
£17,650,000 |
| Margins |
12bp |
25bp |
130bp |
| Step Up Dates |
31 October 2000 |
31 October 2004 |
31 October 2004 |
| Step Up Margins |
68bp |
160bp |
360bp |
| Optional Redemption Dates |
31 October 2000 |
31 October 2001 |
31 October 2001 |
| Principal Determination Dates |
Nine days, or if earlier, 5 business days prior to the Interest Payment Date |
| Interest Payment Dates |
Last Business day of July, October, January and April |
| Lead Manager |
ING Barings Limited, 60 London Wall, London, EC2M 5TQ |
| Administrator |
Paragon Finance PLC, St. Catherine's Court, Herbert Road, Solihull, West Midlands, B91 3QE |
| Trustee |
Citicorp Trustee Company Limited, Citigroup Centre, 14th Floor, Canada Square, Canary Wharf, London, E14 5LB |
| Rating Agencies |
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 Mortgages (PO Box 444, Leeds, LS11 8DD) |
| SWAP Counterparty |
Morgan Guaranty Trust Company of New York, 60 Victoria Embankment, London, EC4Y 0JP |