Jigsaw Funding PLC Moody’s rating changed to stable from negative
27 February 2024 - 7:35PM
RNS Regulatory News
RNS Number : 6032E
Jigsaw Funding PLC
27 February 2024
Jigsaw Funding plc £360,000,000 3.375 per cent Secured
Sustainability Bonds due 2052
LEI
of the Issuer is 213800JR9H24DDKNFB02
ISIN
Number XS2471415534
CFI
for the Bonds is DAFNFB or as set out on the website of the
Association of National Number Agencies (ANNA).
FISN
for the Bonds is JIGSAW FUNDING/3.375ASST BKD 205205 or as set out
on the website of the ANNA.
Moody's changes Jigsaw's outlook to stable from negative, A2
ratings affirmed.
Jigsaw Funding plc is a wholly owned subsidiary
of Jigsaw Homes Group Limited ("Jigsaw or the Group").
On 23 February 2024, Moody's affirmed the A2
long-term issuer rating of Jigsaw Homes Group Limited (Jigsaw) and
the A2 senior secured debt rating of Jigsaw Funding plc. Jigsaw's
Baseline Credit Assessment (BCA) has also been affirmed at
a3.
The outlooks for both changed to stable from
negative, reflecting Moody's expectation that Jigsaw's operating
performance will strengthen relative to results recorded during
2023.
Details of the publication can be found
here:
https://www.jigsawhomes.org.uk/news/general/moodys-changes-jigsaws-outlook-to-stable-from-negative-a2-ratings-affirmed/
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