LOBO loan details for 2015/16 & 2018/19

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Research for Action

Dear West Dunbartonshire 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

Bethany McKee, West Dunbartonshire Council

1 Attachment

 
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Dear Sir/Madam
 
This is to acknowledge receipt of your request for information which was
received by West Dunbartonshire Council on 
07/05/2019.                            
 
I have passed it to the relevant department to consider and respond.
 
West Dunbartonshire Council will respond within 20 working days of
receipt, by           
04/06/2019.
 
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References

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1. http://newintranet.west-dunbarton.gov.uk...

Lesley Anne Haigh, West Dunbartonshire Council

12 Attachments

FAO Ludovica Rogers

 

Hi,

 

Please find attached response to FOI request.

 

Kind Regards

 

Capital, Treasury & Regeneration Services

West Dunbartonshire Council, 16 Church Street, Dumbarton, G82 1QL

The information contained in this message is confidential and is intended
for the addressee only. If you have received this message in error or
there are any problems please notify the originator immediately at -
[email address] The unauthorised use, disclosure,
copying or alteration of this message is strictly forbidden. West
Dunbartonshire Council will not be liable for direct, special, indirect or
consequential damages arising from alteration of the contents of this
message by a third party or as a result of any virus being passed on.
Unless expressly stated to the contrary, this email and its contents shall
not have any contractually binding effect on West Dunbartonshire Council
or its clients and any writings which are or could form the basis of any
agreement are subject to contract.