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LOBO loan details for 2015/16 & 2018/19

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Research for Action

Dear Blackpool 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

FOI, Blackpool Borough Council

Thank you for your email.

 

Your request for information will be dealt with under the Freedom of
Information Act or Environmental Information Regulations and will be
allocated a reference number. It will be passed to the most appropriate
council department to gather the information. The department may respond
directly to you, but you may receive a response from the Information
Governance Team via [1][Blackpool Borough Council request email].

 

In line with the legislation, we strive to respond promptly but no later
than 20 working days after the date of receipt. If we need to extend this
to clarify your request or to undertake a complex Public Interest Test we
will let you know.

 

Information Governance Team

 

Blackpool Council

 

Remember to vote. Local elections take place on Thursday 2 May.Visit
[2]www.blackpool.gov.uk/elections for more information.

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FOI, Blackpool Borough Council

Dear Ludovica

FREEDOM OF INFORMATION ACT 2000 – INFORMATION REQUEST

Thank you for your request for information that we received on 03.05.2019. Your request is being dealt with under the terms of the Freedom of Information Act 2000.

You will receive the information you have requested within the statutory timescale of 20 working days as defined by the Act, subject to any exemptions that may apply.

You should note that the Act defines a number of exemptions that may prevent disclosure of the information you have requested. If any of the exemption categories apply, the information will not be disclosed. If there are references to a third party, they may be consulted prior to a decision being made on whether or not to disclose the information. You will be informed if either of these is applicable, including your rights of appeal.

There may be a fee payable for this information. If this is the case, you will be informed in writing and a ‘Fees Notice’ will be issued. The fee must be paid before the information is processed and disclosed. The 20 working day time limit for responses will commence on receipt of the payment if a fee is applicable.

If appropriate, the information will be provided in paper copy, normal font size. If you require another format, e.g. audio, large print, translation or CD, please let me know.

If you have any queries you can contact me or write to: FOI, PO Box 4, Blackpool, FY1 1NA, or email us at [Blackpool Borough Council request email]. Please remember to quote your reference number when you contact us.

Yours sincerely

Information Governance Team
Governance and Partnerships | Blackpool Council |Number One| Bickerstaffe Square |Talbot Road |Blackpool |FY1 3AH

Post to: Blackpool Council | PO Box 4 | Blackpool | FY1 1NA
T: 01253 477477
E: [email address]

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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

FOI, Blackpool Borough Council

Thank you for your email.

 

Your request for information will be dealt with under the Freedom of
Information Act or Environmental Information Regulations and will be
allocated a reference number. It will be passed to the most appropriate
council department to gather the information. The department may respond
directly to you, but you may receive a response from the Information
Governance Team via [1][Blackpool Borough Council request email].

 

In line with the legislation, we strive to respond promptly but no later
than 20 working days after the date of receipt. If we need to extend this
to clarify your request or to undertake a complex Public Interest Test we
will let you know.

 

Information Governance Team

 

Blackpool Council

 

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FOI, Blackpool Borough Council

11 Attachments

Hello

Please see response and documentation attached.

Kind Regards

Information Governance Team
Governance and Partnerships | Blackpool Council |Number One| Bickerstaffe Square |Talbot Road |Blackpool |FY1 3AH

Post to: Blackpool Council | PO Box 4 | Blackpool | FY1 1NA
T: 01253 477477
E: [email address]

show quoted sections

We don't know whether the most recent response to this request contains information or not – if you are Research for Action please sign in and let everyone know.