FRN Variable Rate Fix

Summary by AI BETAClose X

Paragon Mortgages (No.12) PLC has fixed the interest rate on its EUR 106,000,000 FRN (ISIN XS0261650674) for the period 16-Nov-2026 to 16-Feb-2027 at 3.69% on an Actual/360 basis; interest payable on 16-Feb-2027 will be EUR 166.5 per EUR 17,675.62 denomination. The issue matures on 15-Nov-2038. This confirmed coupon rate sets the near-term cash interest obligation on the EUR 106m outstanding and will directly affect the note’s short-term yield and investor cash flows.

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