We use cookies to track usage and preferences.
Paragon_Logo
Home Investor news Investor terms Performance summary of PBG SPVs Transaction Triggers Investor reporting
Outstanding notes Paragon
PM26 PM25 PM24 PM23 PM15 PM14 PM13 PM12 PM11 PM10 PM9
Mortgage Trust
Pool factors Relevant documents Called securitisations
Paragon series
PM22 FF7 PM21 PM20 PM19 PM18 PM17 PM16 PM8 PM7 PM6 PM5 PM4 PM3 PM2 PM1
Homeloans series Consumer series Finance for People series First Flexible series Homer Finance series

Finance for People (No. 4) PLC - September 1998

Issuer Finance for People (No.4)  PLC, St Catherine's Court, Herbert Road, Solihull, West Midlands, B91 3QE
Closing Date September 1998
Originators Paragon Car Finance Limited, St. Catherine's Court, Herbert Road, Solihull, West Midlands, B91 3QE
Paragon Personal Finance Limited, St Catherine's Court, Herbert Road, Solihull, West Midlands, B91 3QE
Notes Issued Class A1 Class A2 Class B
  £44,350,000 £119,000,000 £17,650,000
Margins 12bp 25bp 130bp
Step Up Dates 31 October 2000 31 October 2004 31 October 2004
Step Up Margins 68bp 160bp 360bp
Optional Redemption Dates 31 October 2000 31 October 2001 31 October 2001
Principal Determination Dates Nine days, or if earlier, 5 business days prior to the Interest Payment Date
Interest Payment Dates Last Business day of July, October, January and April
Lead Manager ING Barings Limited, 60 London Wall, London, EC2M 5TQ
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
Principal Paying / Reference Agent/Exchange Rate Agent Citibank N.A., 5 Carmelite Street, London, EC4Y 0PA
Legal Advisors to the Issuer/Administrator Slaughter and May, 35 Basinghall Street, London, EC2V 5DB
Legal Advisors to the Lead Managers and Trustee Simmons and 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 Paragon Finance PLC, St. Catherine's Court, Herbert Road, Solihull, West Midlands, B91 3QE
Stand By Servicer Barclays Bank PLC, acting through Barclays Mortgages (PO Box 444, Leeds, LS11 8DD)
SWAP Counterparty Morgan Guaranty Trust Company of New York, 60 Victoria Embankment, London, EC4Y 0JP