Paragon £350m deal has ‘gone away’

23 Nov 2007

UK buy-to-let mortgage provider Paragon has become one of the investment grade market’s first victims of the global credit crunch after it had a £350m deal cancelled, EuroWeek understands.

 

Paragon had attempted to refinance and increase a £280m facility from February 2004 through JP Morgan and Royal Bank of Scotland. ...

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