Publication - FOI/EIR release

Interest owing Ferguson Marine loans: FOI release

Published: 1 Nov 2019

Information request and response under the Freedom of Information (Scotland) Act 2002

Published:
1 Nov 2019
Interest owing Ferguson Marine loans: FOI release
FOI reference: FOI/201900004910
Date received: 4 Oct 2019
Date responded: 1 Nov 2019
Information requested

You asked for details of interest with respect to the two loans from the Scottish Government to Ferguson Marine. Specifically, you requested information on:

1. Interest paid by Ferguson Marine on the £30 million loan from its inception until the company entered administration

2. Interest paid by Ferguson Marine on the £15 million loan from its inception until the company entered administration

3. Interest owed by Ferguson Marine on the £15 million loan when the company entered administration

4. Interest owed by Ferguson Marine on the £30 million loan when the company entered administration

Response

1. £0
2. £0
3. £15m loan accrued £4.4m of interest by 16 August 2019
4. £30m loan accrued £0.6m of interest by 16 August 2019

About FOI

The Scottish Government is committed to publishing all information released in response to Freedom of Information requests. View all FOI responses at http://www.gov.scot/foi-responses.

Contact

Please quote the FOI reference
Central Enquiry Unit
Email: ceu@gov.scot
Phone: 0300 244 4000

The Scottish Government
St Andrews House
Regent Road
Edinburgh
EH1 3DG