TIDM71HO

RNS Number : 4404Z

PenArian Housing Finance PLC

17 May 2019

Non-deal Roadshow.

 
 
 

ClwydAlyn Housing (formerly Pennaf Housing Group) has retained it's rating from S&P at A stable. In S&P's view 'Clwyd Alyn's lean cost base and its decision to focus on predictable social housing rental revenue should support improving underlying financial performance after a drop in margins in 2019'.

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

ClwydAlyn are looking to invite investors and potential future investors to one of our investor day meetings on the 11(th) and 12(th) of June. If you are interested please contact us by email on gary.white@clwydalyn.co.uk.

Ahead of these investor days a Trading Statement will be issued to show the Groups performance for 2018/19 financial year.

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(END) Dow Jones Newswires

May 17, 2019 07:48 ET (11:48 GMT)

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