Brokerage firms enacting LOBO loan sales and restructuring transactions

The request was partially successful.

Joel M Benjamin

Dear Manchester City Council,

Recently Council responded to a FOI request by Fanny Malinen on 01 April stating Council currently held 30 LOBO loans.

For each of these 30 loans, please confirm which brokerage firm transacted the loans? and the brokerage fee payable in each case?

Additionally, where a loan has been restructured (either one of the currently held 30 loans, or a historical LOBO which has now been refinanced) please provide:

a) the name of the broker who restructured the loan?
b) the cost of loan restructuring to the council?
b) the treasury advisor, who advised on restructuring - where applicable?

Yours faithfully,

Joel M Benjamin

Manchester City Council

Dear Mr Benjamin

Re: Request for Information - Reference No: COR/9WJC2L

Thank you for your request for information received by Manchester City
Council on 14th May 2015.

Please note that it may take up to 20 working days (12th June 2015) for the
Council to consider your request and to provide a formal response.

If this timescale needs to be extended to consider an exemption you will be
notified and kept informed.

If you have any queries, please do not hesitate to contact me.

Yours sincerely

Cath Cryer
Democratic Services
PO Box 532
Town Hall
Albert Square
M60 2LA

Email: [Manchester City Council request email]

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Manchester City Council

2 Attachments

Dear Mr Benjamin,

Please find attached the response to your Freedom of Information request.

(See attached file: FOI Request COR9WJC2L response.pdf)(See attached file:



Tim Seagrave CPFA & Cert ITM-PF
Finance Lead - Capital & Treasury Management
Strategic Finance & Accountancy
Tel: 0161 234 3445 (internal 801 33445)
Fax: 0161 274 7013

Manchester City Council
Strategic Planning
Corporate Services
Room 102, PO Box 532, Town Hall, Albert Square
Manchester M60 2LA

[email address]

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Joel M Benjamin left an annotation ()

Send in a new request for brokerage and commission details + loans pre 2006/07