TIDMHEY1

RNS Number : 6828G

Heylo Housing Secured Bond PLC

26 November 2020

Heylo Housing Secured Bond Plc

Publication announcement of Investor Report and Covenant Compliance at 30 Sep 2020

26 Nov 2020

In accordance with the terms of the base prospectus dated 28(th) September 2018, our investor report including covenant compliance at 30 Sep 2020 is now available on the heylo website https://static1.squarespace.com/static/552cd048e4b09906febbcef3/t/5fbfc79af81c9a2a0ca45df0/1606403996764/heylo+Investor+Report+HHSB+Nov+2020.pdf .

The company has continued make progress in the last quarter and as of today, 99% of the Company's property portfolio is occupied and yielding. Once the surplus cash is reinvested and all properties in the portfolio are occupied and yielding, we anticipate that the annual rent roll will be ca. GBP 570k-580k i.e. >2x the annual bond payments. In addition, the company has continued to trade satisfactorily during the lockdown period to date and rent collections for the six months ended 30 Sep 2020 was 98%.

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.

END

TSTEAKFKALAEFFA

(END) Dow Jones Newswires

November 26, 2020 11:44 ET (16:44 GMT)

Heylo. 28 (LSE:HEY1)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024 Click aqui para mais gráficos Heylo. 28.
Heylo. 28 (LSE:HEY1)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024 Click aqui para mais gráficos Heylo. 28.