REG - Paragon Bank PLC - Publication of Final Terms

Paragon BankingAnnouncement

11/03/2025 12:45

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RNS Number : 2148A  Paragon Bank PLC  11 March 2025

RNS Announcement

Paragon Bank PLC

11 March 2025

Publication of Final Terms of Inaugural Covered Bond

 

Paragon Bank PLC ("Paragon Bank"), the banking subsidiary of Paragon Banking
Group PLC ("Paragon") announces that the following Final Terms dated 7 March
2025 under the £5 billion Covered Bond Programme of Paragon Bank PLC are
available for viewing.

£500,000,000 Series 2025-1 Floating Rate Covered Bonds due March 2028

Nigel Terrington, chief executive, said: "We are delighted to have completed
the inaugural covered bond in our programme. The £500 million bond met
significant investor demand, with over £1.4 billion of orders from a diverse
range of investors comprising Bank Treasuries, Building Societies and Asset
Managers.  This transaction demonstrates the confidence in Paragon's
franchise and the quality of our buy-to-let mortgages."

The Final Terms can be viewed
at: http://www.rns-pdf.londonstockexchange.com/rns/2148A_1-2025-3-11.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/2148A_1-2025-3-11.pdf)

The Final Terms have been submitted to the National Storage Mechanism and will
shortly be available for inspection at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

 

 

 

DISCLAIMER - INTENDED ADDRESSEES

Please note that the information contained in the Final Terms may be addressed
to and/or targeted at persons who are residents of particular countries
(specified in the Final Terms) only and is not intended for use and should not
be relied upon by any person outside these countries and/or to whom the offer
contained in the Final Terms is not addressed. Prior to relying on the
information contained in the Final Terms, you must ascertain from the Final
Terms whether or not you are one of the intended addressees of the information
contained therein.

Your right to access this service is conditional upon complying with the above
requirement.

 

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