Issuer |
Homer Finance (No.3) PLC, St Catherine's Court, Herbert Road, Solihull, West Midlands, B91 3QE |
Closing Date |
June 1994 |
Originator |
The National Home Loans Corporation PLC, St Catherine's Court, Herbert Road, Solihull, West Midlands, B91 3QE |
Notes Issued |
Class A1 |
Class A2 |
Class A3 |
Mezzanine |
|
£52,000,000 |
£38,000,000 |
£38,250,000 |
£6,750,000 |
Margins |
15bp |
20bp |
32.5bp |
90bp |
Step Up Dates |
30 June 97 |
30 December 2001 |
30 June 2002 |
30 June 2002 |
Step Up Margins |
50bp |
75bp |
75bp |
200bp |
Optional Redemption Dates |
30 June 97 |
30 December 2001 |
30 June 2002 |
30 June 2002 |
Principal Determination Dates |
Nine days, or if earlier, 5 business days prior to each Interest Payment Date |
Interest Payment Dates |
Last Business day of June, September, December and March |
Lead Manager |
Goldman Sachs Equity Securities (U.K), Peterborough Court, 133 Fleet Street, London, EC4A 2BB |
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 Mortgages (PO Box 444, Leeds, LS11 8DD) |