TIDM71HO

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 GBP250 million bond (GBP90million retained) in June 2017.

At the same time S&P affirmed their 'A' issue rating on the GBP250 million bond issued by PenArian Housing Finance PLC.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 10, 2018 04:50 ET (08:50 GMT)

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