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.
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