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Name | Symbol | Market | Type |
---|---|---|---|
Tchg Capital 45 | LSE:37PX | London | Bond |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0 | - |
TIDM37PX
RNS Number : 4326D
TCHG Capital plc
06 July 2016
TCHG Capital plc
GBP 80,000,000 4.665 per cent. Secured Bonds due 2045 (the Bonds)
ISIN XS1080221598
Rating downgrade
On 4 July 2016, S&P downgraded Town and Country Housing Group and the Bonds from AA- to A+ with a stable outlook.
S&P downgraded almost all of the housing associations it rates as a result of the Brexit vote. S&P's view is that the likelihood of government support for housing associations now has a neutral effect on ratings in the housing association sector, rather than an uplift.
TCHG Capital plc
Fifth Floor
100 Wood Street
London EC2V 7EX
6 July 2016
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCUNSARNAABRAR
(END) Dow Jones Newswires
July 06, 2016 07:43 ET (11:43 GMT)
1 Year Tchg Capital 45 Chart |
1 Month Tchg Capital 45 Chart |
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