Jigsaw Funding PLC New Funding to Deliver More Affordable Homes

RNS Number : 2290B

Jigsaw Funding PLC

29 January 2024

 

Jigsaw Funding plc £360,000,000 3.375 per cent Secured Sustainability Bonds due 2052

 

LEI of the Issuer is 213800JR9H24DDKNFB02

ISIN Number XS2471415534

CFI for the Bonds is DAFNFB or as set out on the website of the Association of National Number Agencies (ANNA).

FISN for the Bonds is JIGSAW FUNDING/3.375ASST BKD 205205 or as set out on the website of the ANNA.

 

Jigsaw Homes Group Obtains New Funding to Deliver More Affordable Homes

The Group completed deals in December 2023 following a comprehensive treasury strategy review, focusing on enhancing liquidity and financial capacity and optimising Jigsaw's treasury operations.

The deals helps grow the Group's available finance resources by over £100m. It involved increasing the tenor of Jigsaw's revolving credit facilities (RCFs), raising a £50m private placement and optimising financial covenants, lowering the overall average interest margin. More information is available on our website at:

https://www.jigsawhomes.org.uk/news/general/jigsaw-homes-group-obtains-new-funding-to-deliver-more-affordable-homes/

 

 

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