Last checked at 10 May 2018 09:50
RNS Number : 6443N
PenArian Housing Finance PLC
10 May 2018
S&P Rating of A Stable.
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Pennaf Housing Group's rating from S&P has been affirmed at A stable. In S&P's view Pennaf still enjoys a stable demand for its services. S&P also felt there has been a material improvement in Pennaf's cash position following placement of the £250 million bond (£90million retained) in June 2017.
At the same time S&P affirmed their 'A' issue rating on the £250 million bond issued by PenArian Housing Finance PLC.
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