Radian is pleased to announce the sale of its £26.5m retained bonds with Affordable Housing Finance Plc (“AHF”). The all-in cost achieved was 2.146%, a spread over gilts of 29.5bps.
Raising this low-rate financing will help Radian in achieving its corporate strategy, funding the provision of affordable homes.
For more information contact Vimal Gaglani, Head of Treasury & Finance Risk Management, via email to email@example.com
The Regulator of Social Housing assessed us as G1 for governance and V1 for financial viability.
On 18 January 2019 Moody’s confirmed, following their review, our credit rating remained unchanged at A3 stable.
In their review Moody’s highlighted our strong operating performance and healthy & strong liquidity position, which we consider has us well placed to achieve our five year Corporate Strategy 2018 – 2023 including the delivery of 3,500 new homes across five tenures.