Greater Manchester Combined Authority

Long-term debt

PWLB loans:
£420,706,000

Other public sector loans:
£0

Private sector (LOBO loans):
£490,000,000

Bonds and securities:
£0

Total long-term borrowing:
£910,706,000

Source: DCLG Borrowing and Investment Live Tables Q2 2015-16

Greater Manchester Combined Authority's LOBO loans

Principal, £
Initial Counterparty
Existing counterparty
Date Signed
Drawdown date
Maturity date
Lender's option period (m)
Initial interest rate, %
Step up rate, %
Step up/1st option date
Rate change
Advisors
Brokers
Broker Fee, £
Notes
30,000,000BarclaysBarclays Bank28/09/200605/10/200605/10/206612If 6m LIBOR between 4% and 6% then 3.45%, else 4.10%N/A05/10/2011Butlers/Sector/CAPITAUnknownUnknown
10,000,000Depfa BankFMS Wertmanagement08/03/200602/06/200602/06/2066484.48N/A02/06/2007Butlers/Sector/CAPITAPrebonUnknown
15,000,000Depfa BankFMS Wertmanagement08/03/200630/03/200730/03/2067484.48N/A30/03/2008Butlers/Sector/CAPITAPrebonUnknown
10,000,000Depfa BankFMS Wertmanagement07/04/200623/05/200623/05/2066484.26N/A23/05/2008Butlers/Sector/CAPITAPrebonUnknown
15,000,000Depfa BankFMS Wertmanagement26/03/200430/03/200430/03/205463.994.531/03/2008NoButlers/Sector/CAPITAPrebon
25,000,000BarclaysBarclays Bank20/05/200525/05/200525/05/2065603.95N/A25/05/2010Butlers/Sector/CAPITAUnknownUnknown


LOBO Loan contracts as PDFs

Sources of information


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