Loan facility agreement between the Secretary of State for Transport and Network Rail Infrastructure Limited.
Loan facility agreement between the Secretary of State for Transport and Network Rail Infrastructure Limited
PDF, 219KB, 27 pages
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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).
- Memorandum of understanding between the Scottish ministers and the Department for Transport, published 2014
- Network Rail framework agreement. published 2014