Acquisition

Stonewater Funding PLC

15 April 2024

 

Stonewater Funding plc

15 April 2024

Stonewater Group

Bristowe (Fair Rent) Housing Association Limited

Transfer of Engagements

Stonewater Funding plc

£250,000,000 1.625 per cent. Secured Sustainability Notes due 2036

£200,000,000 5.034 per cent. Secured Bonds due 2042

£250,000,000 3.375 per cent. Secured Bonds due 2045

Notice is hereby given to the holders of the Bonds regarding the Stonewater Group's ongoing discussions with Bristowe (Fair Rent) Housing Association Limited (Bristowe), a community benefit society with registered number 21127R and a registered provider of social housing with registration number L1990.

Due to continued due diligence, the current intention is for Bristowe to join the Stonewater Group via a Transfer of Engagements into Stonewater (5) Limited on or prior to 30 September 2024.

Bristowe is a housing association with 75 properties in the Greater Bristol area.

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]    

 

END