We use cookies to track usage and preferences.
Cookies policy
Paragon_Logo
Home Investor news Investor terms Performance summary of PBG SPVs Investor reporting
Outstanding notes Paragon
PM25 PM24 PM23 PM22 PM15 PM14 FF7 PM13 PM12 PM11 PM10 PM9
Mortgage Trust
Pool factors Relevant documents Called securitisations
Paragon series
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

First Flexible No.6 plc - January 2004

Issuer : First Flexible No.6 plc, 51 Homer Road, Solihull, West Midlands, B91 3QJ
Closing Date : 29 January 2004
Originator : Mortgage Trust Limited, 51 Homer Road, Solihull, West Midlands, B91 3QJ
Notes Issued : Class A1 Class A2 Class A3 Class M1 Class M2
Original Rating (S&P/Moody’s) : AAA/Aaa AAA/Aaa AAA/Aaa A/A2 A/A2
Current Rating (S&P/Moody’s) : AA-/Aa1 AA-/Aa1 AA-/Aa1 BB-/A2 BB-/A2
Original Notes: £270,000,000.00 €200,000,000.00 $75,000,000.00 £40,000,000.00 €15,000,000.00
Note Denominations : £10,000 €500,000 $10,000 £10,000 €500,000
GBP Equivalent : £270,000,000.00 £137,880,000.00 £40,967,935.76 £40,000,000.00 £10,341,000.00
Currency Exchange Rates : £1 : €1.4505 £1 : $1.8307 £1 : €1.4505
Initial Margins : 28bp 28bp 28bp 110bp 110bp
Step Up Dates : March 2009 March 2009 March 2009 March 2009 March 2009
Step Up Margins : 56bp 56bp 56bp 210bp 210bp
Optional Redemption Dates : March 2008 March 2008 March 2008 March 2008 March 2008
Determination Dates : 8 business days prior to each Interest Payment Date
Quarterly Interest Payment Dates: First business day of March, June, September and December
Lead Manager : J.P Morgan Securities Ltd, 125 London Wall, London, EC2Y 5AJ
Deutsche Bank AG London, Winchester House, 1 Great Winchester Street, London, EC2N 2DB
Servicer : Mortgage Trust Services 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 : Moody’s Investors Service Limited, One Canada Square, Canary Wharf, London, E14 5FA
Standard & Poors, 20 Canada Square, Canary Wharf, London, E14 5LH
Principal Paying / Reference Agent : Citibank, N.A. Citigroup Centre, 21stFloor, Canada Square, Canary Wharf, London, E14 5LB
Legal Advisors to the Issuer/Administrator : Lovells, Atlantic House, Holborn Viaduct, London, EC1A 2FG
Legal Advisors to the Lead Manager and Trustee : Weil, Gotshal & Manges, One South Place, London, EC2M 2WG
Auditors to the Issuer : KPMG Audit Plc, 1 Waterloo Way, Leicester, LE1 6LP
Underlying Assets : First Charged Residential Owner Occupied Mortgages and First Charged Residential Investment Home Loan Mortgages
Start Up Loan Provider : Mortgage Trust Services plc, 51 Homer Road, Solihull, West Midlands, B91 3QJ
Stand By Servicer : Homeloan Management Limited, 1 Providence Place, Skipton, North Yorkshire, BD23 2HL
SWAP Counterparty : JPMorgan Chase Bank, 12thFloor, 125 London Wall, London, EC2Y 5AJ
Barclays Bank PLC, 5 The North Colonnade, Canary Wharf, London, E14 4BB
Currency SWAP Provider : JPMorgan Chase Bank, 12thFloor, 125 London Wall, London, EC2Y 5AJ
Redraw Facility Provider : Barclays Bank PLC, 5 The North Colonnade, Canary Wharf, London, E14 4BB (Facility cancelled on 3 March 2014)
GIC Provider : Barclays Bank PLC, 5 The North Colonnade, Canary Wharf, London, E14 4BB
Click here to see your activities