PenArian Housing Finance PLC Update to Credit Rating Analysis (2456W)

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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 GBP250 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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December 20, 2021 10:10 ET (15:10 GMT)