Poplar HARCA Capital PLC Partnership Discussions (9095D)
26 Juin 2023 - 12:31PM
UK Regulatory
TIDM61CW
RNS Number : 9095D
Poplar HARCA Capital PLC
26 June 2023
Poplar HARCA Capital Plc
26 June 2023
Poplar HARCA and Tower Hamlets Community Housing in Partnership
discussions
Poplar HARCA Capital PLC (the Issuer)
GBP250,000,000 4.843 per cent. Secured Bonds due 2043 (the
Bonds)
The boards of Poplar HARCA Group Limited ("Poplar") and Tower
Hamlets Community Housing ("THCH") have today announced they are in
early discussions to enter into a partnership. We are now
formulating the business case which will include further due
diligence and engagement with a range of stakeholders.
Poplar HARCA Limited is a Co-Operative and Community Benefit
Society with registered number 7726 and a registered provider with
registered number L4170.
Tower Hamlets Community Housing is a Co-Operative and Community
Benefit Society with registered number 7791 and a registered
provider with registered number L4260.
Between them, the two organisations own and manage over 13,000
homes in the Borough of Tower Hamlets. Both organisations share a
clear vision for the future and are focused on providing excellent
services, building strong local relationships and investing in safe
and sustainable communities. The partnership offers the opportunity
of a stronger organisation with enhanced financial resilience and
greater social impact.
For further information, please contact:
Simran Soin
Poplar HARCA Capital Plc
155 East India Dock Road
London
E14 6DA
Email: Simran.Soin@poplarharca.co.uk
Ben Lloyd
Poplar HARCA Capital Plc
155 East India Dock Road
London
E14 6DA
Email: Ben.Lloyd@poplarharca.co.uk
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END
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(END) Dow Jones Newswires
June 26, 2023 06:31 ET (10:31 GMT)
Poplar 4.843% (LSE:61CW)
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Poplar 4.843% (LSE:61CW)
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