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Pin to quick picksStonewater Fund Regulatory News (14MD)

Share Price Information for Stonewater Fund (14MD)

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Partnership discussions

2 Aug 2023 08:00

RNS Number : 7673H
Stonewater Funding PLC
02 August 2023
 

Stonewater Funding plc

2 August 2023

 

 

Partnership with Mount Green Housing Association Limited

 

Stonewater Funding plc

£250,000,000 1.625 per cent. Secured Sustainability Notes due 2036

£200,000,000 5.034 per cent. Secured Bonds due 2042

£250,000,000 3.375 per cent. Secured Bonds due 2045

 

 

Notice is hereby given to the holders of the Bonds that the Stonewater Group is in discussions with Mount Green Housing Association Limited (Mount Green), a community benefit society with registered number 16264R and a registered provider of social housing with registration number L0042.

The current intention, subject to, amongst other things, completion of due diligence and funder consents, is for Mount Green to join the Stonewater Group as a direct subsidiary of Stonewater Limited on or prior to 31 March 2024.

Mount Green is a charitable housing association that owns and/or manages around 1,600 affordable homes across Surrey and North Sussex.

Stonewater Limited will remain the parent of the Stonewater Group.

 

For further information, please contact:

Anne Costain

Stonewater Group

Suite C, Lancaster House

Grange Business Park

Enderby Road

Whetstone

Leicester

LE8 6EP

 

Telephone: 073 920 92473

Email: Anne.Costain@stonewater.org

 

 

 

 

 

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