LOBO loan details for 2015/16 & 2018/19

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Research for Action

Dear Conwy County Borough Council,

A. Please provide a spreadsheet in .xls format containing the following information for each of the LOBO loans you held in the 2015/16 financial year (please use a row for each loan and a column for each parameter indicated below):
1. Internal reference number
2. Principal
3. Initial counterparty
4. Date loan was signed
5. Drawdown date
6. Maturity date
7. Option period (number of months)
8. Start date for teaser rate (if applicable)
9. Teaser interest rate (if applicable - intended as the discount rate sometimes offered before the initial rate)
10. Start date for initial rate
11. Initial interest rate (intended as the rate set for the term of the loan until the first option is called)
12. First option date
13. Has the option been exercised?
14. Most recent date when option was exercised (if applicable)
15. Interest rate in 2015/16
16. Interest paid in 2015/16
17. Fair value in March 2016
18. Interest rate in 2018/19
19. Interest paid in 2018/19
20. Fair value in March 2019
21. Current counterparty
22. Name of treasury management advisor when the loan was taken out
23. Name of broker who arranged the loan
24. Fee paid to the broker for the loan

B. Please provide copies of:
1. The original LOBO loan contracts
2. The invoices for the broker fees

Kind regards,

Ludovica Rogers

Uned Llyw-Gwyb / Info-Gov Unit, Conwy County Borough Council

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Thank you for your email. If you are requesting access to information
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GACDRG / CFSFOI, Conwy County Borough Council

1 Attachment

Good Morning,

Please find attached information in response to your Freedom of Information request.

If you are dissatisfied with the handling of your request, you have the right to ask for an internal review. Internal review requests should be submitted within two months of the date of receipt of this response and should be sent to the address below.

Please ensure all correspondence is sent to this email address.

If you are not content with the outcome of the internal review, or if you are unhappy with this response you may appeal to the Information Commissioner’s Office – Wales, 2nd Floor, Churchill House, Churchill Way, Cardiff, CF10 2HH.

Yours sincerely,

Graham Williams.

Gwasanaethau Ariannol Corfforaethol/Corporate Financial Services
Rhyddid Gwybodaeth/Freedom of Information
Cyngor Bwrdeistref Sirol CONWY County Borough Council
E-Bost/E-Mail: [email address]
Gwê / Web : www.conwy.gov.uk

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