Jump to content

Herefordshire Council LOBO Loans


Liberty Veritas

Recommended Posts

Herefordshire council currently has two active LOBO loans, these loans are scandalous.

The next time your hear someone from the council moaning about money just ignore them.

Details of the loans:

1. Danske Bank A/S2 (2.11.2004):

50 years; £6,000,000.00 @1.60% *

2. Dexia Credit Local (02.02.2004):

50 years; £6,000,000.00 @2.85% **

Please note:

*Interest rate 1.60% p.a. until 24 November 2006 then 4.50%p.a.

**Interest rate 2.85% p.a. until 04 February 2006 then 4.50%p.a

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...