| Issuer |
Paragon Mortgages (No.3) PLC, St Catherine's Court, Herbert Road, Solihull, West Midlands, B91 3QE |
| Closing Date |
April 2001 |
| Originator |
Paragon Mortgages Limited, St Catherine's Court, Herbert Road, Solihull, West Midlands, B91 3QE |
| Notes Issued |
Class A |
Class B |
| |
£306,000,000 |
£34,000,000 |
| Margins |
28bp |
80bp |
| Step Up Dates |
12 May 2007 |
12 May 2007 |
| Step Up Margins |
56bp |
1.60bp |
| Optional Redemption Dates |
15 May 2004 |
15 May 2004 |
| Principal Determination Dates |
Last Business Day of July, October, January and April |
| Interest Payment Dates |
7 August, 7 November, 7 February and 7 May |
| Lead Manager |
Barclays Capital, 5 The North Colonade, Canary Wharf, London, E14 4BB |
| 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 |
| Auditors to the Issuer |
Deloitte & Touche, Colmore Gate, 2 Colmore Row, Birmingham, B3 2BN |
| Underlying Assets |
First Charged Residential Mortgages |
| Subordinated Loan Provider |
Collateralised Mortgage Securities (No.5) PLC, St. Catherine's Court, Herbert, Solihull, West Midlands, B91 3QE |
| Stand By Servicer |
Global Home Loans Limited, Meridan House, Anchor Boulevard, Crossways Business Centre, Dartford, Kent, DA2 6QU |
| SWAP Counterparty |
Morgan Guaranty Trust Company of New York, 60 Victoria Embankment, London, EC4Y 0JP |