Best borrowers 2007: Best sovereign/supranational/agency borrower: Network Rail

Three years after the UK rail infrastructure provider’s first issue, the company has fixed itself in investors’ minds with the largest non-government index-linked bond ever. There’s more to come.

Euromoney’s borrower awards 2007

Overall awards
Best sovereign/supranational/agency borrower Best bank borrower
Best insurance borrower Best ABS
Best CDO borrower Best covered bond issuer
Best corporate borrower Best high-yield/leveraged finance borrower
Latin America regional awards
Best sovereign borrower Best corporate borrower
Best financial borrower
Central & Eastern Europe regional awards
Best sovereign borrower Best corporate borrower
Best financial borrower
Asia regional awards
Best sovereign borrower Best corporate borrower
Best financial borrower
Middle East and northern Africa regional awards
Best borrower
Fred Maroudas, Network Rail

“We have an index-linked asset base and an index-linked revenue stream. It makes sense to have index-linked debt”
Fred Maroudas, Network Rail

In April 2007, Network Rail launched the largest non-government index-linked bond in any market.

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