Thrive Homes Finance PLC Disposal (2520Y)

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RNS Number : 2520Y

Thrive Homes Finance PLC

12 January 2022

Thrive Homes Finance Plc

12th January 2022

GBP125,000,000 4.68 per cent. Secured Bonds due 2051

ISIN XS1045992655

Thrive Homes Limited (the Original Borrower) has completed the sale of 117 uncharged properties to an investor. The Original Borrower will continue to manage these properties and has identified opportunities to deploy the proceeds to further its growth and strengthen its balance sheet. Ultimately this means Thrive will be able to further enhance the supply of affordable homes in its area of operation.

For further information, please contact:

Mark Farrar

Executive Director of Resources

Thrive Homes Finance Plc

Westside

London Road

Hemel Hempstead

HP3 9TD

Telephone: [phone]

Email: [e-mail]

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(END) Dow Jones Newswires

January 12, 2022 08:55 ET (13:55 GMT)