Partnership with Mount Green HA Ltd

Stonewater Funding PLC

12 December 2023

 

Stonewater Funding plc

12 December 2023

Partnership with Mount Green Housing Association Limited

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, following discussions between the Stonewater Group and Mount Green Housing Association Limited (Mount Green), the acquisition of Mount Green by Stonewater Limited has been approved by the Boards of each of Mount Green and Stonewater Limited (the parent of the Stonewater Group).

The intended effective date for the acquisition is 31 January 2024 and is still subject to lender consents.

Mount Green, a charitable community benefit society with registered number 16264R and a registered provider of social housing with registration number L0042, owns and/or manages around 1,600 affordable homes across Surrey and North Sussex.

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