Paragon Mortgages (No.17) PLC Notice of Early Redemption (7637D)

TIDM16PF

RNS Number : 7637D

Paragon Mortgages (No.17) PLC

29 October 2015

NOTICE OF EARLY REDEMPTION

Paragon Mortgages (No.17) PLC

(Registered in England and Wales under number 6356366)

(the "Issuer")

Class A Mortgage Backed Floating Rate Notes due 2040

ISIN: XS0843322594

Common Code: 084332259

(the "Class A Notes")

Class B Mortgage Backed Floating Rate Notes due 2040

ISIN: XS0843326314

Common Code: 084332631

(the "Class B Notes")

Class C Mortgage Backed Floating Rate Notes due 2040

ISIN: XS0843328286

Common Code: 084332828

(the "Class C Notes")

Class D Mortgage Backed Floating Rate Notes due 2040

ISIN: XS0843328443

Common Code: 084332844

(the "Class D Notes" and together with the Class A Notes, the Class B Notes and the Class C Notes, the "Notes")

NOTICE IS HEREBY GIVEN that all of the outstanding Notes will be redeemed by the Issuer on 8 January 2016 (the "Optional Redemption Date"), pursuant to Condition 5(d) of the Terms and Conditions of the Notes. The Notes will be redeemed at their Principal Liability Outstanding together with accrued interest to the Optional Redemption Date.

Payment of principal and interest will be made through Euroclear Bank S.A/N.V and Clearstream Banking S.A.

Paragon Mortgages (No.17) PLC

51 Homer Road

Solihull

West Midlands

B91 3QJ

Dated 29 October 2015

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCFEMFIAFISESS

(END) Dow Jones Newswires

October 29, 2015 05:00 ET (09:00 GMT)