Acquisition

Stonewater Funding PLC

01 October 2024

 

Stonewater Funding plc

1 October 2024

Stonewater Group

Bristowe (Fair Rent) Housing Association Limited

Greenoak 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 that, effective 30 September 2024, Bristowe (Fair Rent) Housing Association Limited (Bristowe) has transferred its engagements to Stonewater (5) Limited (a Borrower under the Bond structure), pursuant to section 110 of the Co-operative and Community Benefit Societies Act 2014. This transfer of engagements falls within the definition of a Permitted Re-organisation under the Bonds.

Furthermore, Notice is hereby given to the holders of the Bonds that, effective 30 September 2024, Greenoak Housing Association Limited (Greenoak) has transferred its engagements to Stonewater (5) Limited (a Borrower under the Bond structure), pursuant to section 110 of the Co-operative and Community Benefit Societies Act 2014. This transfer of engagements falls within the definition of a Permitted Re-organisation under the Bonds.

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