  We report results from the XMM-Newton observation of the radio-loud quasar PG
1425+267 (z=0.366). The EPIC-pn data above 2 keV exhibit a double-peaked
emission feature in the Fe K band. The higher energy peak is found at 6.4 keV
and is consistent with being narrow, while the lower energy one is detected at
5.3 keV and is much broader than the detector resolution. We confirm the
significance of the detection of the broad red part of the line via Montecarlo
simulations. We explore two possible origins of the line profile i.e. a single
relativistic iron line from the accretion disc, and the superposition of a
narrow 6.4 keV line from distant material and a relativistic one. We find that
a contribution from a distant reflector is not required by the data. We also
perform a time-resolved analysis searching for short-timescale variability of
the emission line. Results tentatively suggest that the line is indeed variable
on short timescales and better quality data are needed to confirm it on more
firm statistical grounds. We also detect clear signatures of a warm absorber in
the soft X-ray energy band.
