Thrive Homes Finance PLC Acquisition (3444G)

TIDM46LT

RNS Number : 3444G

Thrive Homes Finance PLC

14 November 2022

Thrive Homes Finance Plc

14th November 2022

GBP200,000,000 4.68 per cent. Secured Bonds due 2051

ISIN XS1045992655

Thrive Homes Limited (the Original Borrower) have completed today on the acquisition of circa 530 properties from a London based Housing Association. The Original Borrower will continue to manage these properties. This acquisition helps remove development risk from its plan as its off the shelf and also further its growth and strengthen the Balance Sheet. Ultimately this means Thrive will continue with the supply of affordable homes in its area of operation. Further communications will also be shared on our website.

For further information, please contact:

Mark Farrar

Executive Director of Resources

Thrive Homes Finance Plc

Westside

London Road

Hemel Hempstead

HP3 9TD

Telephone: 03331363950

Email: mark.farrar@thrivehomes.org.uk

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(END) Dow Jones Newswires

November 14, 2022 09:07 ET (14:07 GMT)

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