Restructuring of LOBO loans

Roedd y cais yn rhannol lwyddiannus.

Research for Action

Dear Northampton Borough Council,

A. How many LOBO loans (number of loans and total principal) has the council restructured, refinanced or for which the terms of the contracts have changed since 2015.

B. For such loans please provide a spreadsheet with the following information (a row for each loan and each parameter listed in a separate column):
1. Internal reference number
2. Principal of the original LOBO loan
3. Initial counter-party of the original LOBO loan
4. Drawdown date of the original LOBO loan
5. Maturity date of the original LOBO loan
6. Date when the LOBO loan was restructured/refinanced
7. Breakage cost or fee paid to the counter-party for the refinancing/restructuring
8. How was the loan restructured/refinanced? (i.e. loan was transformed into fixed rate loan by removing the option, or loan was repaid with a new bank loan, or with a PWLB loan, or other - please specify)
9. Principal of new PWLB or bank loan used to refinance the LOBO loan (if applicable)
10. Maturity date of new PWLB or bank loan used to refinance the LOBO loan (if applicable)
11. Interest rate of new PWLB or bank loan used to refinance the LOBO loan (if applicable)
12. Fair value of new PWLB or bank loan used to refinance the LOBO loan (if applicable)
13. Name of any third-party advisor used for the restructuring/refinancing
14. Fee paid to the advisor for the restructuring/refinancing
15. Name of broker who arranged the restructuring/refinancing
16. Fee paid to the broker for the restructuring/refinancing

C. Please provide copies of new contracts and any other official documents related to the restructuring/refinancing

D. Please provide invoices for the broker fees for the restructuring/refinancing

Yours faithfully,

Ludovica Rogers

Requests, Northampton Borough Council

Please accept this response as acknowledgement that your request has been received by Northampton Borough Council. You will not normally receive another communication until the Council responds to your request. Under the Freedom of Information Act 2000 (FOI) and the Environmental Information Regulations 2004 (EIR) the Council has 20 working days in which to respond to your request. If you require any further information regarding your request please contact Information Governance, The Guildhall, Northampton, NN1 1DE. Tel 01604 838536 / 838841 or by responding directly to this email.

Requests made for personal information under the General Data Protection Regulations 2016 (GDPR) are called SAR’s (Subject Access Requests) and are normally responded to within 28 days. However, the Council may contact you for further information to clarify your request before it can begin collating your personal data. If you require any further information regarding your SAR or your rights under the GDPR please contact The Data Protection Officer, The Guildhall, Northampton, NN1 1DE. Tel 01604 838536

To find out more about how the Council handles your personal data please visit www.northampton.gov.uk/privacynotices<http://www.northampton.gov.uk/privacynot...>

Please note that the contents of this e-mail, including any attachments thereto, may contain information which is confidential or privileged, and which is solely for the use of the recipient named above. The information contained in this e-mail, and in your reply, may be subject to disclosure under the Freedom of Information Act 2000 or other legislation, and its confidentiality cannot be guaranteed. If you are not the intended recipient, please be aware that any disclosure, copying, distribution or use of the contents of this e-mail is strictly prohibited.

Northampton Borough Council, The Guildhall, Northampton, United Kingdom, NN1 1DE
+44 (0)300 330 7000
www.northampton.gov.uk

Requests, Northampton Borough Council

Good afternoon Mr Rogers

 

Thank you  for your FOI request, your request has been allocated the above
unique reference number, please use this reference number in any future
correspondence regarding this request.

 

Section 1(1)(a) of the FOI Act states that an applicant must be told in
writing whether the public body holds information of the description
specified in the request.

 

The Council can confirm that following checks, the Council has no LOBO
loans, the Council therefore holds no information relating toyour request
and is unable proceed with your request further.

 

With kind regards

This is not a refusal notice as there is no information to refuse to release

 

 

Stephanie Everitt | Information Governance Officer

01604 838841

 

Chief Finance Officer | Northampton Borough Council,

The Guildhall, St Giles Square, Northampton NN1 1DE | 0300 330 7000

 

From:    Research for Action <[FOI #562626 email]>

Sent:     18 March 2019 14:29

To:          Requests

Subject:               Freedom of Information request - Restructuring of
LOBO loans

 

Dear Northampton Borough Council,

 

A. How many LOBO loans (number of loans and total principal) has the
council restructured,  refinanced

or for which the terms of the contracts have changed since 2015.

 

B. For such loans please provide a spreadsheet with the following
information (a row for each loan and

each parameter listed in a separate column):

1. Internal reference number

2. Principal of the original LOBO loan

3. Initial counter-party of the original LOBO loan 4. Drawdown date of the
original LOBO loan 5. Maturity

date of the original LOBO loan 6. Date when the LOBO loan was
restructured/refinanced 7. Breakage

cost or fee paid to the counter-party for the refinancing/restructuring 8.
How was the loan

restructured/refinanced? (i.e. loan was transformed into fixed rate loan
by removing the option, or loan

was repaid with a new bank loan, or with a PWLB loan, or other - please
specify) 9. Principal of new

PWLB or bank loan used to refinance the LOBO loan (if applicable) 10.
Maturity date of new PWLB or

bank loan used to refinance the LOBO loan  (if applicable) 11. Interest
rate of new PWLB or bank loan

used to refinance the LOBO loan  (if applicable) 12. Fair value of new
PWLB or bank loan used to

refinance the LOBO loan  (if applicable) 13. Name of any third-party
advisor used for the

restructuring/refinancing 14. Fee paid to the advisor for the
restructuring/refinancing 15. Name of

broker who arranged the restructuring/refinancing 16. Fee paid to the
broker for the

restructuring/refinancing

 

C. Please provide copies of new contracts and any other official documents
related to the

restructuring/refinancing

 

D. Please provide invoices for the broker fees for the
restructuring/refinancing

 

Yours faithfully,

 

Ludovica Rogers

 

-------------------------------------------------------------------

 

Please use this email address for all replies to this request:

[FOI #562626 email]

 

Is [Northampton Borough Council request email] the wrong address for Freedom of
Information requests to

Northampton Borough Council? If so, please contact us using this form:

https://www.whatdotheyknow.com/change_re...

 

Disclaimer: This message and any reply that you make will be published on
the internet. Our privacy and

copyright policies:

https://www.whatdotheyknow.com/help/offi...

 

For more detailed guidance on safely disclosing information, read the
latest advice from the ICO:

https://www.whatdotheyknow.com/help/ico-...

 

Please note that in some cases publication of requests and responses will
be delayed.

 

If you find this service useful as an FOI officer, please ask your web
manager to link to us from your

organisation's FOI page.

 

 

dangos adrannau a ddyfynnir

Research for Action

Dear Northampton Borough Council,
According to the following FOI the Council still had at least 1 LOBO loan in 2015.
https://www.whatdotheyknow.com/request/2...
Could you please provide the responses to my questions in relation to this loan.
Thank you,
Ludovica Rogers

Requests, Northampton Borough Council

Please accept this response as acknowledgement that your request has been received by Northampton Borough Council. You will not normally receive another communication until the Council responds to your request. Under the Freedom of Information Act 2000 (FOI) and the Environmental Information Regulations 2004 (EIR) the Council has 20 working days in which to respond to your request. If you require any further information regarding your request please contact Information Governance, The Guildhall, Northampton, NN1 1DE. Tel 01604 838536 / 838841 or by responding directly to this email.

Requests made for personal information under the General Data Protection Regulations 2016 (GDPR) are called SAR’s (Subject Access Requests) and are normally responded to within 28 days. However, the Council may contact you for further information to clarify your request before it can begin collating your personal data. If you require any further information regarding your SAR or your rights under the GDPR please contact The Data Protection Officer, The Guildhall, Northampton, NN1 1DE. Tel 01604 838536

To find out more about how the Council handles your personal data please visit www.northampton.gov.uk/privacynotices<http://www.northampton.gov.uk/privacynot...>

Please note that the contents of this e-mail, including any attachments thereto, may contain information which is confidential or privileged, and which is solely for the use of the recipient named above. The information contained in this e-mail, and in your reply, may be subject to disclosure under the Freedom of Information Act 2000 or other legislation, and its confidentiality cannot be guaranteed. If you are not the intended recipient, please be aware that any disclosure, copying, distribution or use of the contents of this e-mail is strictly prohibited.

Northampton Borough Council, The Guildhall, Northampton, United Kingdom, NN1 1DE
+44 (0)300 330 7000
www.northampton.gov.uk

Requests, Northampton Borough Council

4 Atodiad

  • Attachment

    attachment.gif

    2K Download

  • Attachment

    attachment.gif

    5K Download

  • Attachment

    Encrypted Message.htm.html

    57K Download

  • Attachment

    0001 FOI CHALLENGE RESPONSE NBC6390 449 2019 4 23 DOC.htm.html

    277K Download

[1]Trend Micro [2]Secure
Post
PRIVATE AND CONFIDENTIAL
You have received an email message secured by
Private Post.

Please open the file called
Encrypted_Message.htm to read the message.

------------------------------------------------

Mobile device users:
Forward this email to [3][email address]
and receive URLs to view the message on mobile
devices.

References

Visible links
3. mailto:[email address]

Research for Action

Dear Northampton Borough Council,
Could you please provide the response without encryption as I am not able to open the document via the link provided.
Kind regards,
Ludovica Rogers

Requests, Northampton Borough Council

Please accept this response as acknowledgement that your request has been received by Northampton Borough Council. You will not normally receive another communication until the Council responds to your request. Under the Freedom of Information Act 2000 (FOI) and the Environmental Information Regulations 2004 (EIR) the Council has 20 working days in which to respond to your request. If you require any further information regarding your request please contact Information Governance, The Guildhall, Northampton, NN1 1DE. Tel 01604 838536 / 838841 or by responding directly to this email.

Requests made for personal information under the General Data Protection Regulations 2016 (GDPR) are called SAR’s (Subject Access Requests) and are normally responded to within 28 days. However, the Council may contact you for further information to clarify your request before it can begin collating your personal data. If you require any further information regarding your SAR or your rights under the GDPR please contact The Data Protection Officer, The Guildhall, Northampton, NN1 1DE. Tel 01604 838536

To find out more about how the Council handles your personal data please visit www.northampton.gov.uk/privacynotices<http://www.northampton.gov.uk/privacynot...>

Please note that the contents of this e-mail, including any attachments thereto, may contain information which is confidential or privileged, and which is solely for the use of the recipient named above. The information contained in this e-mail, and in your reply, may be subject to disclosure under the Freedom of Information Act 2000 or other legislation, and its confidentiality cannot be guaranteed. If you are not the intended recipient, please be aware that any disclosure, copying, distribution or use of the contents of this e-mail is strictly prohibited.

Northampton Borough Council, The Guildhall, Northampton, United Kingdom, NN1 1DE
+44 (0)300 330 7000
www.northampton.gov.uk

Requests, Northampton Borough Council

3 Atodiad

I have disabled the Council's TLS encryption on this copy of the response.

 

I will email the wdtk team to find out what the issue is with their email
server security as TLS1.2 is the current international standard for
sending secure emails.

 

Regards.

 

[1]cid:image002.jpg@01D32B14.5177EAB0

David Taylor

Data Protection Officer

Corporate Governance and Risk

The Guildhall

St Giles Square

Northampton

NN1 1DE

 

Telephone: 01604 83 8536

Fax: 01604 83 7057

Email: [2][email address]

 

FOI disclosure web pages
[3]http://www.northampton.gov.uk/site/scrip...

 

 

[4]cid:image003.png@01D1206A.109A60B0

 

P

Please consider the environment before printing this email. 

If printing please recycleC Thank you......

 

 

 

 

dangos adrannau a ddyfynnir