17 Jul 2020 13:45
RNS Number : 3855T
PenArian Housing Finance PLC
17 July 2020
S&P Rating of A Stable.
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ClwydAlyn Housing has retained its rating from S&P at A stable. S&P Made the following comments
"We view ClwydAlyn's liquidity position as strong"
"ClwydAlyn's predictable revenue base will support the entity through COVID-19 related headwinds"
"We view ClwydAlyn's management as having significant experience in the social housing sector, with a development strategy that is aligned to its capabilities."
At the same time, S&P affirmed the ''A' issue rating on the £250 million bond issued by PenArian Housing Finance PLC'.
The full S&P report is available through our investor page.
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Penarian H.f 52 (71HO)