LHP Outlook Revised to Stable by S&P Global

Boston Mayflower Finance PLC
21 November 2023
 

Boston Mayflower Finance PLC

21st November 2023

Lincolnshire Housing Partnership (LHP) Outlook Revised to Stable from Negative by S&P Global Ratings

LHP is pleased to announce that S&P Global Ratings has revised its outlook on the long-term issuer credit rating on LHP to stable from negative. The rating agency also affirmed its 'A-' long-term issuer credit rating.

This is mainly underpinned by well-defined investments in existing homes and LHP's decision to pause uncommitted development to accommodate these investments. LHP's strong liquidity position and experienced management team will support the delivery of this investment strategy.

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
 
 
UK 100