20 Dec 2021 15:10
RNS Number : 2456W
PenArian Housing Finance PLC
20 December 2021
Moody's Rating upgrade to A3 Stable.
|
|
|
|
|
|
ClwydAlyn Housing Limited's rating with Moody's have been upgraded to A3 Stable. Moody's felt that there were improvements in financial management and governance. The upgraded rating was also in part due to our revenue stability from low-risk social housing as well as the fact we operate in a strong regulatory environment.
At the same time, Moody's upgraded the rating on the £250 million bond issued by PenArian Housing Finance PLC to A3 Stable
The full Moody's report is available through our investor page.
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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Penarian H.f 52 (71HO)