REG - PenArian Housing Fin - Moody's Credit Rating Update

MoodysAnnouncement

04/11/2025 11:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251104:nRSD1081Ga&default-theme=true

RNS Number : 1081G  PenArian Housing Finance PLC  04 November 2025

 
 

PenArian Housing Finance
PLC

ClwydAlyn Housing Limited

We are delighted to announce that our Moody's Credit opinion has remained as
A3 Stable.

Summary

The credit profile of ClwydAlyn Housing (ClwydAlyn, A3 stable) outlook
reflects ClwydAlyn's low-risk business model focused on social housing
lettings, its strong market position in Wales and low gearing at 38% in fiscal
2024, which reflects the more generous grant regime in Wales. Despite its
ambitious development plans, we expect its debt metrics to remain strong
relative to peers. The ratings also incorporate its low operating margins
driven in part by a high proportion of turnover generated from care and
supported housing. ClwydAlyn's ratings also incorporate our view that there is
a strong likelihood that the UK government would act in a timely manner to
prevent a default.

The full version of the rating can be found on the Moody's website.

ClwydAlyn Housing Limited | Overview | Moody's
(https://www.moodys.com/entity/824477278/overview)

 

 

.

 

 

 

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  UPDUPGQAGUPAUBC



            Copyright 2019 Regulatory News Service, all rights reserved