Issuer |
Paragon Mortgages (No.6) PLC, St Catherine's Court, Herbert Road, Solihull, West Midlands, B91 3QE |
Closing Date |
October 2003 |
Originator |
Paragon Mortgages Limited, St Catherine's Court, Herbert Road, Solihull, West Midlands, B91 3QE |
Notes Issued |
Class A1 |
Class A1R |
Class A2a |
Class A2b |
Class A2c |
Class B1a |
Class B1b |
Class B1c |
|
$334,000,000 |
£200,000,000 |
$315,000,000 |
£115,000,000 |
$200,000,000 |
$25,000,000 |
£15,500,000 |
$59,000,000 |
GBP Equivalent |
£200,000,000 |
£154,960,000 |
$188,500,000 |
£115,000,000 |
£140,000,000 |
£15,000,000 |
£15,500,000 |
£41,000,000 |
Current Exchange Rates |
£1:$1.67 |
|
£1:$1.67 |
|
£1:€1.43 |
£1:€1.67 |
|
£1:€1.44 |
Note Denominations |
$10,000 |
£10,000 |
$10,000 |
£10,000 |
€10,000 |
$10,000 |
£10,000 |
€10,000 |
Margins |
2bp |
22bp |
35bp |
35bp |
35bp |
140bp |
140bp |
140bp |
Step Up Dates |
|
September 2007 |
September 2007 |
September 2007 |
September 2007 |
September 2007 |
September 2007 |
September 2007 |
Step Up Margins |
|
44bp |
70bp |
70bp |
70bp |
280bp |
280bp |
280bp |
Optional Redemption Dates |
N/A |
September 2006 |
September 2006 |
September 2006 |
September 2006 |
September 2006 |
September 2006 |
September 2006 |
Principal Determination Dates |
Last working day of November, February, May and August |
Class A1 Monthly
Interest Payment Dates |
17 November 2003 to 15 September 2004 inclusive |
Quarterly Interest Payment Dates |
15 December, 15 March, 15 June and 15 September |
Joint Lead Managers |
Barclays Bank PLC, 5 The North Colonnade, Canary Wharf, London E14 4BB
The Royal Bank of Scotland PLC, 135 Bishopsgate, London, EC2M EUR |
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
Fitch Ratings Limited, Eldon House, 2 Eldon Street, London, EC2M 7UA |
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 |
Sidley Austin Brown & Wood, 1 Threadneedle Street, London, EC2R 8AW |
Legal Advisors to the Lead Managers and Trustee |
Clifford Chance Limited Liability Partnership, 10 Upper Bank Street, London, E14 5JJ |
Auditors to the Issuer |
Deloitte & Touche LLP, Four Brindleyplace, Birmingham, B1 2HZ |
Underlying Assets |
Investment Home Loans |
Subordinated Loan Provider |
Paragon Salvage Recover (No.2) Limited, 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 |
Currency SWAP Provider |
Barclays Bank PLC, 5 The North Colonnade, Canary Wharf, London, E14 4BB |