Paragon plans 450 mln stg personal loan ABS-source

Newswire

LONDON, April 26 (Reuters) - Special purpose vehicle Paragon Personal and Auto plans to sell a 450 million pound equivalent asset-backed bond soon, a source close to the deal said on Tuesday. "Roadshows commence on April 28 and finish on May 6. Launch and pricing will be the week starting April 9," the source said. The deal will be available in both euros and pounds. It will offer investors risk exposure to mortgages, auto loans, retail credit loans and unsecured personal loans. The ...

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