![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Name | Symbol | Market | Type |
---|---|---|---|
Rhp Fin 48 | LSE:62ZW | London | Bond |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 104.259 | 0 | 01:00:00 |
TIDM62ZW
RNS Number : 9499P
RHP Finance PLC
23 June 2022
RHP retains its 'A+' credit rating
South-West London housing provider RHP has maintained its 'A+' credit rating in a review announced by the agency Standard & Poor's (S&P).
Due to an increased investment in existing homes, together with inflationary pressures, the outlook has been revised from 'stable' to 'negative'.
A report published by S&P states:
"In our view, RHP's management has strong expertise and demonstrates good adaptation capabilities, as shown by its recent revisions to the business plan that addressed multiple challenges, such as inflation and cost increases."
S&P also affirmed an 'A+' issue rating on the GBP275 million senior secured debt issued by RHP's funding vehicle, RHP Finance PLC.
Corinna Bishopp, RHP's Executive Director of Finance said: "We're proud to have retained an A+ rating, particularly in these financially challenging times. As well as a commitment to provide more much needed affordable homes in the local area, an important part of our five-year strategy is to invest more in existing homes, with a particular focus on fire safety works and bringing all homes up to Energy Performance Certificate C levels by 2030."
RHP plans to provide 1,500 homes over the next ten years for social rent and shared ownership.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
MSCUOUWRUSUNURR
(END) Dow Jones Newswires
June 23, 2022 04:28 ET (08:28 GMT)
1 Year Rhp Fin 48 Chart |
1 Month Rhp Fin 48 Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions