Dear Inverclyde Council,

How much of your LOBO debt has been repaid and refinanced with PWLB debt?

Please list the LOBO loans that have been refinanced by counterparty, notional amount, original maturity and date of restructuring. Please disclose the break cost paid to the counterparty and the discount rate used in the valuation. Please disclose any additional PWLB borrowing undertaken to finance the restructuring including the maturities and coupon rates of new PWLB loans. Please disclose the name of any third-party adviser used on the restructuring.

Yours faithfully,

N Dunbar

Lindsay Carrick, Inverclyde Council

Classification: No Classification

Good Afternoon,

 

I acknowledge receipt of your email dated 7 February 2019 requesting
information under the Freedom of Information (Scotland) Act 2002 and I
confirm that this matter is being dealt with.

 

In terms of the Act, a response will be issued to you within 20 working
days of the date of receipt of your request being 7 March 2019.

 

Inverclyde Council is obliged to comply with current data protection laws.
Further information on how the Council uses your information can be found
at [1]www.inverclyde.gov.uk/privacy - the Freedom of Information and
Environmental Information Request Privacy Notice explains this in more
detail.

 

Regards,

Lindsay

 

 

Lindsay Carrick

Inverclyde Council

Senior Admin Officer/Paralegal

Legal & Property Services

Municipal Buildings

Clyde Square

Greenock

PA15  1LX

Telephone : 01475 712114

 

 

 

 

 

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References

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1. http://www.inverclyde.gov.uk/privacy

Laura Aitchison, Inverclyde Council

1 Attachment

Dear N Dunbar,

Please find below our response to your FOI request. I have attached a copy of our review procedure.

Yours sincerely

Laura Aitchison
Admin Support Officer
Finance Services
Inverclyde Council
Municipal Buildings
Clyde Square
Greenock
Inverclyde
PA15 1LX

Phone (office) – 01475 712090
e-mail – [email address]

Inverclyde Council website – www.inverclyde.gov.uk
Inverclyde on Twitter – twitter.com/inverclyde

Inverclyde Council is an accredited Living Wage employer.

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