Less Ads, More Data, More Tools Register for FREE

Pin to quick picksLIV2.L Regulatory News (LIV2)

  • There is currently no data for LIV2

ARC Ratings Report

7 Aug 2020 09:00

RNS Number : 4920V
LendInvest Secured Income
07 August 2020
 

THIS ANNOUNCEMENT CONTAINS INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014.

THE INFORMATION CONTAINED HEREIN MAY ONLY BE RELEASED, PUBLISHED OR DISTRIBUTED IN THE UNITED KINGDOM, THE ISLE OF MAN, JERSEY AND THE BAILIWICK OF GUERNSEY IN ACCORDANCE WITH APPLICABLE REGULATORY REQUIREMENTS. THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA, THE REPUBLIC OF IRELAND OR IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS DOCUMENT.

SEE "IMPORTANT INFORMATION" BELOW

7 August 2020

 

 

LendInvest receives SQ1 Servicer Quality rating from ARC Ratings for sixth consecutive year

 

 

LendInvest Limited, the ultimate holding company of LendInvest Secured Income plc, together "LendInvest" has received the highest possible rating from European rating agency, ARC Ratings, for the sixth consecutive year.

 

The agency affirmed for a sixth year its SQ1 Servicer Quality Rating for LendInvest following a comprehensive review of the company. In particular, the agency assessed and rated the processes used by LendInvest to underwrite and service property loans.

 

ARC Ratings is a regulated European credit rating agency registered with the European Securities and Markets Authority (ESMA). Its rating is based on a number of key factors including corporate governance, internal controls, due diligence, data disaster mitigation and the financial health of the company.

 

ARC Ratings' own press announcement and full report can be read here.

 

Rod Lockhart, Chief Executive Officer of LendInvest, commented: "After an unprecedented couple of months for the industry as a whole, it's fantastic to see LendInvest recognised for its ability to weather a crisis and receive the highest possible rating for the sixth year running from such a respected rating agency."

"The business invests heavily in the development of its proprietary technology and continuous improvement of its internal processes, putting us in a perfect position to remain open for business, while offering the same seamless experience that our borrowers and brokers expect."

 

 -- Ends --

 

 

 

Contact

 

Leigh Rimmer | leigh@lendinvest.com | 07743 445856

 

 

IMPORTANT INFORMATION

This announcement is released by LendInvest Secured Income plc and contains information that qualified or may have qualified as inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 (MAR), encompassing information relating to the bond programme mentioned above. For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Christian Faes, Director of LendInvest Secured Income plc.

This announcement is an advertisement and is not a prospectus for the purposes of EU Directive 2003/71/EC, as amended, and/or Part VI of the Financial Services and Markets Act 2000 (the "FSMA"). A prospectus dated 19 October 2018 (the "Base Prospectus") together with final terms dated 24 October 2018 (the "Final Terms") have been prepared and made available to the public as required by Part VI of the FSMA. Investors should not subscribe for any Bonds except on the basis of information in the Prospectus and the Final Terms, taken together. Full information on LendInvest, LendInvest Secured Income plc and the offer of the Bonds is only available on the basis of the combination of the Prospectus and the Final Terms which have been published on the Regulatory News Service operated by the London Stock Exchange.

The distribution of this announcement and other information in connection with any offer in certain jurisdictions may be restricted by law and persons who come into possession of this announcement or any document or other information referred to herein should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any jurisdiction.

This document contains statements that are, or may be deemed to be, 'forward-looking statements' with respect to the financial condition, results of operations and business of the Company or of LendInvest Limited (or its group) and certain of the plans and objectives of the Company, LendInvest Limited and its group with respect to these items. Forward-looking statements are sometimes, but not always, identified by their use of a date in the future or such words as 'anticipates', 'aims', 'due', 'could', 'may', 'will', 'would', 'should', 'expects', 'believes', 'intends', 'plans', 'projects', 'potential', 'reasonably possible', 'targets', 'goal', 'estimates' or words with a similar meaning, and, in each case, their negative or other variations or comparable terminology. Any forward-looking statements in this document are based on the current expectations of the Company, LendInvest Limited and its group (as applicable) and, by their very nature, forward-looking statements are inherently unpredictable, speculative and involve risk and uncertainty because they relate to events and depend on circumstances that may or may not occur in the future.

Forward-looking statements are not guarantees of future performance and no assurances can be given that the forward-looking statements in this document will be realised. There are a number of factors, many of which are beyond the control of the Company, LendInvest Limited and its group, that could cause actual results, performance and developments to differ materially from those expressed or implied by these forward-looking statements. These factors include, but are not limited to: the Risk Factors disclosed in the Company's Base Prospectus dated 19 October 2018 (which have not been updated since the date of its publication); changes in the economies and markets in which the group operates; changes in the regulatory and competition frameworks in which the group operates; the impact of legal or other proceedings against or which affect the group; and changes in interest and exchange rates.

All written or verbal forward-looking statements made in this document or made subsequently, which are attributable to the Company, LendInvest Limited or any other member of the group or persons acting on their behalf are expressly qualified in their entirety by the factors referred to above. No assurances can be given that the forward-looking statements in this document will be realised. This document speaks as at the date of publication. Save as required by applicable laws and regulations, none of the Company, LendInvest Limited or any member of its group intends to update any forward-looking statements and does not undertake any obligation to do so. Past performance of securities of the Company cannot be relied upon as a guide to the future performance of securities of the Company. Nothing in this document should be regarded as a profit forecast.

This announcement does not constitute or form part of any offer or invitation to sell, or any solicitation of any offer to purchase any securities.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
UPDUPUQGRUPUUMM
12
Date   Source Headline
28th Sep 202310:54 amRNSPublication of Final Terms
28th Sep 20238:19 amRNSFinal Terms Confirmation
13th Sep 20231:30 pmRNSPublication of Prospectus and Final Terms
13th Sep 20231:23 pmRNSLaunch of 11.5% Bonds due 2026 and Exchange Offer
12th Sep 20231:42 pmRNSPublication of Base Prospectus
8th Sep 20239:57 amRNSConclusion of IT security event
5th Sep 202310:30 amRNSTrading update
4th Sep 202310:00 amRNSRoadshow announcement
25th Aug 20237:00 amRNSNotice of data breach
3rd Aug 20237:00 amRNSAudited Financial Statements (LSI II PLC)
3rd Aug 20237:00 amRNSAudited Financial Statements (LSI PLC)
31st Jul 20239:30 amRNSLIV3 Analysis of Loan Portfolio
31st Jul 20239:30 amRNSLIV2 Analysis of Loan Portfolio
18th Jul 20237:00 amRNSLendInvest plc Full Year Financial Results FY23
5th May 202311:53 amRNSDirectorate Change
28th Apr 202310:00 amRNSLIV2 Analysis of Loan Portfolio
28th Apr 202310:00 amRNSLIV3 Analysis of Loan Portfolio
31st Jan 20232:45 pmRNSLIV2 Analysis of Loan Portfolio
31st Jan 20232:45 pmRNSLIV3 - Analysis of Loan Portfolio
13th Dec 20227:00 amRNSInterim Financial Statement (LSI II PLC)
13th Dec 20227:00 amRNSInterim Financial Statement (LSI PLC)
30th Nov 20227:00 amRNSInterim Financial Results
31st Oct 202210:10 amRNSLIV3 Analysis of Loan Portfolio
31st Oct 202210:08 amRNSLIV2 Analysis of Loan Portfolio
4th Aug 20229:58 amRNSPublication of Final Terms
4th Aug 20229:32 amRNSFinal Terms Confirmation and Exchange Offer
29th Jul 20225:48 pmRNSAudited Financial Statements (LSI PLC)
29th Jul 20222:32 pmRNSLIV2 Analysis of Loan Portfolio
29th Jul 20222:31 pmRNSLIV1 Analysis of Loan Portfolio
13th Jul 20221:32 pmRNSPublication of Prospectus and Final Terms
13th Jul 20221:32 pmRNSLaunch of 6.5% Bonds due 2027 and Exchange Offer
4th Jul 20229:30 amRNSRoadshow Announcement
29th Jun 20227:00 amRNSLendInvest plc Full Year Financial Results FY22
13th May 20223:17 pmRNSAnnouncement of Securitisation Settlement
29th Apr 20221:34 pmRNSLIV2 Analysis of Loan Portfolio
29th Apr 20221:33 pmRNSLIV1 Analysis of Loan Portfolio
28th Jan 20223:10 pmRNSLIV2 Analysis of Loan Portfolio
28th Jan 20223:09 pmRNSLIV1 Analysis of Loan Portfolio
14th Dec 20215:58 pmRNSInterim Financial Statement (LSI PLC)
29th Oct 20212:34 pmRNSLIV2 Analysis of Loan Portfolio
29th Oct 20212:34 pmRNSLIV1 Analysis of Loan Portfolio
27th Jul 202111:55 amRNSAudited Financial Statements (PLC)
16th Jul 20213:03 pmRNSLIV2 Analysis of Loan Portfolio
16th Jul 20213:02 pmRNSLIV1 Analysis of Loan Portfolio
14th Jul 20218:53 amRNSHolding(s) in Company
14th Jul 20218:47 amRNSHolding(s) in Company
14th Jul 20218:45 amRNSHolding(s) in Company
14th Jul 20218:00 amRNSAdmission to AIM and first day of dealings
9th Jul 20218:30 amRNSOffer and admission to trading on AIM
21st Jun 20213:21 pmRNSCompletion of Securitisation Transaction
12

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.