Presale: Paragon Mortgages (No. 6) PLC Sep 03
Standard & Poors, September 2003
Abstract
Expected closing date: October 2003. Collateral: A pool of first-ranking mortgage loans secured over freehold, leasehold, or feudal properties located in England, Scotland, and Wales. Underwriter: Barclays Capital and Royal Bank of Scotland PLC. Seller: Paragon Mortgages Ltd. Administrator and servicer: Paragon Finance PLC. Substitute servicer: Global Home Loans Ltd. Trustee: Citicorp Trustee Co. Ltd. Swap counterparty: To be determined. Transaction account bank: National Westminster Bank PLC. Class A1R notes subscriber: Sheffield Receivables Corp. Supporting ratings: National Westminster Bank PLC (AA-/Positive/A-1+) as transaction account bank and Sheffield Receivables Corp.'s CP program (A-1+) as class A1R notes subscriber. The preliminary credit ratings assigned to the -200 million equivalent class A1R notes, the -385 million equivalent class A2 notes, and the -65...
Companies mentioned in this report are: Paragon Mortgages (No. 6) PLC
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Full Analysis
Paragon Mortgages (No. 6) PLC
Customers who bought this item also bought
All rights reserved. © Copyright 2013 Research and Markets WWW6
Terms and Conditions Privacy Policy Publishers Employment Opportunities Site Map Link to us Webmaster Affiliate Network
