Issuer |
Paragon Mortgages (No.1) PLC, St Catherine's Court, Herbert Road, Solihull, West Midlands, B91 3QE |
Closing Date |
June 1999 |
Originator |
Paragon Mortgages Limited, St Catherine's Court, Herbert Road, Solihull, West Midlands, B91 3QE |
Notes Issued |
Class A |
Class B |
|
£168,000,000 |
£17,000,000 |
Margins |
28bp |
80bp |
Step Up Dates |
15 June 2004 |
15 June 2004 |
Step Up Margins |
56bp |
160bp |
Optional Redemption Dates |
15 July 2003 |
15 July 2003 |
Principal Determination Dates |
Last Business Day of June, September, December and March |
Interest Payment Dates |
15 July, 15 October, 15 January and 15 April |
Lead Manager |
J.P. Morgan Securities Limited, 60 Vicotira Embankment, London, EC4Y 0JP |
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
Standards & Poor's, 20 Canada Square, Canary Wharf, London, E14 5LH |
Principal Paying / Reference Agent/Exchange Rate Agent |
Citibank N.A., 5 Carmelite Street, London, EC4Y 0PA |
Legal Advisors to the Issuer/Administrator |
Clifford Chance, 200 Aldersgate Street, London, EC1A 4JJ |
Legal Advisors to the Lead Managers and Trustee |
Simmons & Simmons, CityPoint, One Ropemaker Street, London, EC2Y 9SS
Elvinger, Hoss & Prussen, 2, Place Winston Churchill, B. P. 425, L-2014, Luxembourg |
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 |
Crown Mortgage Management Ltd, Crown House, Crown Street, Ipswich, IP1 1RY |
SWAP Counterparty |
Morgan Guaranty Trust Company of New York, 60 Victoria Embankment, London, EC4Y 0JP |