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.
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Legal & Property Services
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Dear N Dunbar,
Please find below our response to your FOI request. I have attached a copy of our review procedure.
Admin Support Officer
Phone (office) – 01475 712090
e-mail – [email address]
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