Issuer |
Paragon Mortgages (No.5) PLC, St Catherine's Court, Herbert Road, Solihull, West Midlands, B91 3QE |
Closing Date |
June 2003 |
Originator |
Paragon Mortgages Limited, St Catherine's Court, Herbert Road, Solihull, West Midlands, B91 3QE |
Notes Issued |
Class A1 |
Class A2 |
Class B |
|
£50,000,00 |
£175,250,000 |
£23,750,000 |
Note Denominations |
£10,000 |
£10,000 |
£10,000 |
Margins |
22bp |
32bp |
135bp |
Step Up Dates |
June 2007 |
June 2007 |
June 2007 |
Step Up Margins |
44bp |
64bp |
270bp |
Optional Redemption Dates |
June 2006 |
June 2006 |
June 2006 |
Principal Determination Dates |
Last Business Day of August, November, February and May |
Interest Payment Dates |
07 September, 07 December, 07 March and 07 June |
Lead Managers |
HSBC Bank PLC, Level 4, 8 Canada Square, London, E14 5HQ |
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 & Poors, 20 Canada Square, Canary Wharf, London, E14 5LH |
Principal Paying / Reference Agent/Exchange Rate Agent |
Citibank N.A., Citigroup Centre, 21st Floor, Canada Square, Canary Wharf, London, E14 5LB |
Legal Advisors to the Issuer/Administrator |
Slaughter and May, One Burnhill Row, London, EC1Y 8YY |
Legal Advisors to the Lead Managers and Trustee |
Herbert Smith, Exchange House, Primrose Street, london, EC2A 2HS |
Auditors to the Issuer |
Deloitte & Touche LLP, Four Brindleyplace, Birmingham, B1 2HZ |
Underlying Assets |
Buy to Let Residential Mortgages |
Subordinated Loan Provider |
Paragon Finance PLC, St Catherine's Court, Herbert Road, Solihull, West Midlands, B91 3QE |
Stand By Servicer |
Homeloan Management Limited, 1 Providence Place, Skipton, North Yorkshire, BD23 2HL |
SWAP Counterparty |
JP Morgan Chase Bank, 12th Floor, 125 London Wall, London, EC2Y 5AJ |