Investor Reporting

Paragon Mortgages (No.16) PLC - November 2011

Issuer Paragon Mortgages (No.16)  PLC, 51 Homer Road, Solihull, West Midlands, B91 3QJ
Closing Date 10 November 2011
Originator Paragon Mortgages (2010) Limited, 51 Homer Road, Solihull, West Midlands, B91 3QJ
Notes Issued Class A Notes Class Z Notes
Original Rating (Moody’s/Fitch) Aaa/AAA NR
Current Rating (Moody’s/Fitch) Aaa/AAA NR
Original Notes £131,700,000 £32,100,000
Note Denominations £100,000 £100,000
Margins 275bp 325bp
Call Option Dates 15 October 2014 15 October 2014
Principal Determination Dates Last business day of December, March, June, September
Quarterly Interest Payment Dates 15 January, 15 April, 15 July, 15 October
Lead Managers Lloyds TSB 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
Administrator Moorgate Asset Administration Limited, 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 Investor Services Limited, One Canada Square, Canary Wharf, London E14 5FA
Fitch Ratings Limited, 30 North Colonnade, London, E14 5GN
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/Administrator Clifford Chance LLP, 10 Upper Bank Street, Canary Wharf, London, E14 5JJ
Legal Advisors to the Lead Managers Allen & Overy LLP, One Bishops Square, London, E1 6AD
Legal Advisors to the Trustee Simmons & Simmons LLP, City Point, One Ropemaker Street, London EC2Y 9SS
Auditors to the Issuer Deloitte, Four Brindleyplace, Birmingham, B1 2HZ
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 Bailey, Skipton, North Yorkshire, BD23 IDN
Substitute Administrator Facilitator Intertrust Management Limited, 35 Great St. Helen’s, London, EC3A 6AP
Basis Hedge Provider Macquarie Bank Limited, London Branch, Ropemaker Place, 28 Ropemaker Street, London EC2Y 9HD