Dear Leeds City 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

DPFOI, Leeds City Council

Dear N

 
Freedom of information request Ref 99808 : LOBO loan restructuring

 

Thank you for your request for the above information which we received
on 05 February 2019. We will respond to your request in accordance
with the Freedom of Information Act 2000, or the Environmental
Information Regulations 2004.

 

Your request has been assigned to one of our officers who will arrange
a response within the appropriate statutory time limit.

 

Please remember to quote reference number FOI 99808 in any future
communications.

 

Kind Regards

 

 

Malika Doust

Information Governance Support Officer

Information Governance and Managements Team (City and Communities)

Digital Information Service

 

 

show quoted sections

IMG.Requests, Leeds City Council

Dear N Dunbar

 

I refer to the above and your request dated 05 February 2019. I have
contacted the relevant services and now provide a response to your request
relating to LOBO loan restructuring.

 

 

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.

 

Leeds City Council has not refinanced any of its LOBOs directly into PWLB
and has not refinanced any LOBOs by incurring a premium.

 

I trust that this response is satisfactory. If however you are
dissatisfied with this response you have a right to appeal to an
independent officer within the council. They will re-examine your request
and assess whether we have adhered to the requirements of the act. Should
you wish to follow this course of action please address your concerns in
writing to the above address.

 

You also have a right under Section 50 of the Freedom of Information Act
to ask the Information Commissioner to decide whether we have met with our
obligations under the act.  The Commissioner has however made it clear
that she expects all applicants to exhaust internal appeals procedures
prior to making such an application. Should you wish to contact the
Commissioner’s office then you can write to the following address:

 

Office of the Information Commissioner, Wycliffe House, Water Lane,
Wilmslow, Cheshire, SK9 5AF.

 

You may also contact the Commissioner via her website at www.ico.org.uk

 

I trust that this is self-explanatory.  If you have any queries please
contact me using the contact information above.

 

Kind regards

 

Iwan Hopkins

Information Governance Officer

Information Management & Governance

Digital & Information Service

Leeds City Council

Tel: 0113 3784257

 

Telephone: 0113 3784257

Email:  [1][email address]

 

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

[2]Leeds Apprenticeship Recruitment Fair 2019
Mon 4th March – 4:00-8:00pm first direct arena
A chance to meet over 130 of the biggest & best employers in the city and
for you to hear about the hundreds of apprenticeship opportunities on
offer.

show quoted sections

 

References

Visible links
1. mailto:[email address]
2. https://www.leeds.gov.uk/larf2019

IMG.Requests, Leeds City Council

Dear N Dunbar

I refer to the above and your request dated 05 February 2019. I have
contacted the relevant services and now provide a response to your request
relating to LOBO loan restructuring.

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.

 

Leeds City Council has not yet refinanced any of its LOBOs directly into
PWLB and has not refinanced any LOBOs by incurring a premium so we are
unable to respond to your request.

 

I trust that this response is satisfactory. If however you are
dissatisfied with this response you have a right to appeal to an
independent officer within the council. They will re-examine your request
and assess whether we have adhered to the requirements of the act. Should
you wish to follow this course of action please address your concerns in
writing to the above address.

You also have a right under Section 50 of the Freedom of Information Act
to ask the Information Commissioner to decide whether we have met with our
obligations under the act.  The Commissioner has however made it clear
that she expects all applicants to exhaust internal appeals procedures
prior to making such an application. Should you wish to contact the
Commissioner’s office then you can write to the following address:

Office of the Information Commissioner, Wycliffe House, Water Lane,
Wilmslow, Cheshire, SK9 5AF.

You may also contact the Commissioner via her website at www.ico.org.uk

 

I trust that this is self-explanatory.  If you have any queries please
contact me using the contact information above.

 

Yours sincerely

 

Kind regards

 

Iwan Hopkins

Information Governance Officer

Information Management & Governance

Digital & Information Service

Leeds City Council

Tel: 0113 3784257

 

Telephone: 0113 3784257

Email:  [1][email address]

 

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

[2]Leeds Apprenticeship Recruitment Fair 2019
Mon 4th March – 4:00-8:00pm first direct arena
A chance to meet over 130 of the biggest & best employers in the city and
for you to hear about the hundreds of apprenticeship opportunities on
offer.

show quoted sections

 

References

Visible links
1. mailto:[email address]
2. https://www.leeds.gov.uk/larf2019

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