Boston Mayflower Finance PLC LHP Outlook Revised to Stable by S&P Global (1871U)
November 21 2023 - 10:41AM
UK Regulatory
TIDM90IY
RNS Number : 1871U
Boston Mayflower Finance PLC
21 November 2023
Boston Mayflower Finance PLC
21(st) November 2023
Lincolnshire Housing Partnership (LHP) Outlook Revised to Stable
from Negative by S&P Global Ratings
LHP is pleased to announce that S&P Global Ratings has
revised its outlook on the long-term issuer credit rating on LHP to
stable from negative. The rating agency also affirmed its 'A-'
long-term issuer credit rating.
This is mainly underpinned by well-defined investments in
existing homes and LHP's decision to pause uncommitted development
to accommodate these investments. LHP's strong liquidity position
and experienced management team will support the delivery of this
investment strategy.
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