Interest Determination Date(s): Fifth London Banking Day prior to the end of each Interest Period
Guidance: SONIA + 53bps area
Reoffer Price: 100%
Documentation: Issued off the Paragon Bank PLC’s GBP 5bn Covered Bond Programme Base Prospectus dated 23-Feb-26 (the “Base Prospectus”)
Listing / Governing Law: Main Market of the London Stock Exchange / English
Denominations: GBP 100k + 1k
ISIN / Common Code: XS3432918335 / 343291833
Joint Lead Managers: Barclays, BMO Capital Markets, BNP PARIBAS, NatWest
Fee: The Joint Lead Managers will be paid a fee by the Issuer in respect of the placement of the securities. Details of the fee may be made available on request to investors participating in the transaction
Selling Restrictions: Reg S (Category 2). TEFRA D. No sales to EEA or UK retail. Further restrictions as per the Base Prospectus.
Target Market: Manufacturer target market (MIFID II product governance and UK MiFIR product governance) is eligible counterparties and professional clients only (all distribution channels). No PRIIPs key information document / CCI disclosure document has been prepared as not available to retail in the EEA or in the UK