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Statement re S&P rating

10 May 2018 09:50

RNS Number : 6443N
PenArian Housing Finance PLC
10 May 2018
 

S&P Rating of A Stable.

 

 

 

 

 

 

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.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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