LOBO loan details for 2015/16 & 2018/19

Response to this request is long overdue. By law, under all circumstances, East Staffordshire Borough Council should have responded by now (details). You can complain by requesting an internal review.

Research for Action

Dear East Staffordshire 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

Andrea Davies, East Staffordshire Borough Council

[http://i2.cmail19.com/ti/t/23/7D9/254/22...

TABLE OF CONTENTS

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Freedom of Information Procedure

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Contact Details

[http://i1.cmail19.com/ei/t/C3/AE9/6FA/cs...

Freedom of Information Procedure
Please note that the Council will initially assess your request to establish whether it is a valid FOI and, if so, you will receive a response to your request within the statutory 20 clear working days.

Contact Details
Democratic Services
East Staffordshire Borough Council
P.O. Box 8045
Burton upon Trent
DE14 9JG
www.eaststaffsbc.gov.uk<http://eaststaffordshireboroughcouncil.c...>
[email address]<mailto:[email address]>

Research for Action

Dear FOI Officer,
I have not yet received a response to my FOI request "LOBO loan details for 2015/16 & 2018/19" which I was meant to receive at the start of June. Please kindly provide a response as soon as possible.
Kind regards,
Ludovica Rogers

Andrea Davies, East Staffordshire Borough Council

[http://i2.cmail19.com/ti/t/23/7D9/254/22...

TABLE OF CONTENTS

*

Freedom of Information Procedure

*

Contact Details

[http://i1.cmail19.com/ei/t/C3/AE9/6FA/cs...

Freedom of Information Procedure
Please note that the Council will initially assess your request to establish whether it is a valid FOI and, if so, you will receive a response to your request within the statutory 20 clear working days.

Contact Details
Democratic Services
East Staffordshire Borough Council
P.O. Box 8045
Burton upon Trent
DE14 9JG
www.eaststaffsbc.gov.uk<http://eaststaffordshireboroughcouncil.c...>
[email address]<mailto:[email address]>

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