Stonewater Funding PLC Partnership (4816I)

TIDM14MD

RNS Number : 4816I

Stonewater Funding PLC

05 December 2022

Partnership with Greenoak Housing Association Limited

Stonewater Funding plc

GBP250,000,000 1.625 per cent. Secured Sustainability Notes due 2036

GBP200,000,000 5.034 per cent. Secured Bonds due 2042

GBP250,000,000 3.375 per cent. Secured Bonds due 2045

Notice is hereby given to the holders of the Bonds that, following discussions between the Stonewater Group and Greenoak Housing Association Limited (Greenoak), the acquisition of Greenoak by Stonewater (5) Limited has been approved by the Boards of each of Greenoak, Stonewater (5) Limited and Stonewater Limited (the parent of the Stonewater Group).

The intended effective date for the acquisition is 31 December 2022.

Greenoak, a charitable community benefit society with registered number 20859R and a registered provider of social housing with registration number L1393, owns and/or manages around 550 affordable homes across Surrey and East and West Sussex.

Stonewater Limited will remain the parent of the Stonewater Group.

For further information, please contact:

Anne Costain

Stonewater Group

Suite C, Lancaster House

Grange Business Park

Enderby Road

Whetstone

Leicester

LE8 6EP

Telephone: [phone]

   Email:   [e-mail] 

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December 05, 2022 02:00 ET (07:00 GMT)