LOBO loans

Fanny Malinen made this Freedom of Information request to University of Southampton

This request has been closed to new correspondence from the public body. Contact us if you think it ought be re-opened.

Response to this request is long overdue. By law, under all circumstances, University of Southampton should have responded by now (details). You can complain by requesting an internal review.

Dear University of Southampton,

1. How many Lender Option Borrower Option (LOBOs) contracts do you
have on your books?

2. When and by whom were they signed?

3. With which financial institutions were they taken out?

4. Who brokered the loans?

5. Who advised the University to enter LOBOs?

6. Has the lender exercised the option to change the interest rates? If so, when?

7. Please provide a copy of the original, signed LOBO agreements.

Yours faithfully,

Fanny Malinen