| Issuer |
Paragon Mortgages (No.20) PLC, 51 Homer Road, Solihull, West Midlands, B91 3QJ |
| Closing Date |
17 July 2014 |
| Originator |
Paragon Mortgages (2010) Limited, 51 Homer Road, Solihull, West Midlands, B91 3QJ
Idem Capital Securities Limited, 51 Homer Road, Solihull, West Midlands, B91 3QJ |
| Notes Issued |
Class A Notes |
Class B Notes |
Class D Notes |
| Original Rating (Fitch/Moody's) |
AAA/Aaa |
AA-/Aa1 |
Unrated |
| Current Rating (Fitch/Moody's) |
AAA/Aaa |
AA/Aa1 |
Unrated |
| Original Notes |
£319,000,000 |
£24,000,000 |
£7,000,000 |
| Note Denominations |
£100,000 |
£100,000 |
£100,000 |
| Margins |
68bp |
100bp |
135bp |
| Call Option Dates |
August 2018 |
August 2018 |
August 2018 |
| Principal Determination Dates |
Last business day of October, January, April, July |
| Quarterly Interest Payment Dates |
15 November, 15 February, 15 May, 15 August |
| Lead Managers |
Lloyds Bank PLC, 25 Gresham Street, London, EC2V 7HN
Macquarie Bank Limited, London Branch, Ropemaker Place, 28 Ropemaker Street, London EC2Y 9HD
Morgan Stanley & Co. International PLC, 25 Cabot Square, Canary Wharf, London E14 4QA |
| Administrators |
Paragon Mortgages (2010) Limited, 51 Homer Road, Solihull, West Midlands, B91 3QJ
Paragon Finance PLC, 51 Homer Road, Solihull, West Midlands, B91 3QJ |
| Trustee |
Citicorp Trustee Company Limited, Citigroup Centre, Canada Square, Canary Wharf, London, E14 5LB |
| Rating Agencies |
Fitch Ratings Limited, 30 North Colonnade, London, E14 5GN
Moody's Investors Service Limited, One Canada Square, Canary Wharf, London, E14 5FA |
| Principal Paying / Reference Agent |
Citibank, N.A., London Branch, Citigroup Centre, 21st Floor, Canada Square, Canary Wharf, London, E14 5LB |
| Legal Advisors to the Issuer/Administrators |
Clifford Chance LLP, 10 Upper Bank Street, Canary Wharf, London, E14 5JJ |
| Legal Advisors to the Lead Managers |
Simmons & Simmons LLP, City Point, One Ropemaker Street, London, EC2Y 9SS |
| Legal Advisors to the Trustee |
Simmons & Simmons LLP, City Point, One Ropemaker Street, London EC2Y 9SS |
| Auditors to the Issuer |
KPMG, One Snowhill, Snowhill Queensway, Birmingham, B4 6GH |
| Underlying Assets |
Investment Home Loans |
| Subordinated Loan Provider |
Paragon Finance PLC, 51 Homer Road, Solihull, West Midlands, B91 3QJ |
| Substitute Administrator |
Homeloan Management Limited, The Pavilions, Bridgwater Road, Bristol, BS13 8AE |
| Substitute Administrator Facilitator |
Intertrust Trustees (UK) Limited, 11 Old Jewry, 7th Floor, London, EC2R 8DU |
| Basis Hedge Provider |
Macquarie Bank Limited, London Branch, Ropemaker Place, 28 Ropemaker Street, London EC2Y 9HD
Lloyds Bank PLC, 10 Gresham Street, London EC2V 7AE |