TIDM71HO

RNS Number : 3855T

PenArian Housing Finance PLC

17 July 2020

S&P Rating of A Stable.

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 GBP250 million bond issued by PenArian Housing Finance PLC'.

The full S&P report is available through our investor page .

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July 17, 2020 08:45 ET (12:45 GMT)

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