Policy paper

Network Rail loan agreement 2014

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

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

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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).

Published 1 September 2014