Policy paper

Network Rail loan agreement 2014

Loan facility agreement between the Secretary of State for Transport and Network Rail Infrastructure Limited.

• From: Department for Transport
• Published: 1 September 2014

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

Documents

Loan facility agreement between the Secretary of State for Transport and Network Rail Infrastructure Limited

PDF, 219 KB, 27 pages

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Details

This document enables Network Rail to borrow money direct from government, instead of from the markets. This improves value for money for taxpayers.

The £30.3 billion loan facility agreement signed on 4 July 2014 covers Network Rail’s financing requirements for Control Period 5 (ending 31 March 2019).

Related documents

• Memorandum of understanding between the Scottish ministers and the Department for Transport, published 2014
• Network Rail framework agreement. published 2014

Published 1 September 2014