Key information
Decision type: Director
Reference code: DD1337
Date signed:
Decision by: Martin Clarke, Executive Director of Resources
Executive summary
The GLA has agreed to borrow up to £1bn to finance the Northern Line Extension (NLE) (DD1300). This decision authorises relevant officers to enter into commitment and related loan agreements on behalf of the GLA with Community Finance Company 1 plc (“COFCO1” or the “Issuer”) and Lloyds Bank plc (“Lloyds”) in respect of part of that borrowing (up to £200m).
Signed decision document
DD1337 Community Finance Company (signed) PDF.pdf
Supporting documents
DD1337 Community Finance Company part 1 PDF.pdf