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926469
registered interest false more like this
date less than 2018-06-18more like thismore than 2018-06-18
answering body
Department for Education more like this
answering dept id 60 more like this
answering dept short name Education more like this
answering dept sort name Education more like this
hansard heading Students: Loans more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government which investors purchased student loans sold by the Government as part of the £1.7 billion sale of Pre-2012 (Plan 1) Income Contingent Student Loans in December 2017. more like this
tabling member printed
Lord Mendelsohn more like this
uin HL8724 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-06-27more like thismore than 2018-06-27
answer text <p>The sale from the pre-2012 (plan 1) English student loan book, which was completed in December 2017, took place by means of a securitisation. This involved transferring the loan pool to a new independent English-domiciled company (“the Issuer”). This company is registered as ‘Income Contingent Student Loans 1 (2002-2006) Plc’. In turn the Issuer has issued to investors securities in the form of notes representing the rights to the remaining future repayments.</p><p> </p><p>The individual names of investors are commercially sensitive and are not publicly available.</p> more like this
answering member printed Viscount Younger of Leckie remove filter
question first answered
less than 2018-06-27T14:58:33.857Zmore like thismore than 2018-06-27T14:58:33.857Z
answering member
4169
label Biography information for Viscount Younger of Leckie more like this
tabling member
4286
label Biography information for Lord Mendelsohn more like this