Stonewater Funding PLC Partnership discussions (7673H)

TIDM14MD

RNS Number : 7673H

Stonewater Funding PLC

02 August 2023

Stonewater Funding plc

2 August 2023

Partnership with Mount Green Housing Association Limited

Stonewater Funding plc

GBP250,000,000 1.625 per cent. Secured Sustainability Notes due 2036

GBP200,000,000 5.034 per cent. Secured Bonds due 2042

GBP250,000,000 3.375 per cent. Secured Bonds due 2045

Notice is hereby given to the holders of the Bonds that the Stonewater Group is in discussions with Mount Green Housing Association Limited (Mount Green), a community benefit society with registered number 16264R and a registered provider of social housing with registration number L0042.

The current intention, subject to, amongst other things, completion of due diligence and funder consents, is for Mount Green to join the Stonewater Group as a direct subsidiary of Stonewater Limited on or prior to 31 March 2024.

Mount Green is a charitable housing association that owns and/or manages around 1,600 affordable homes across Surrey and North Sussex.

Stonewater Limited will remain the parent of the Stonewater Group.

For further information, please contact:

Anne Costain

Stonewater Group

Suite C, Lancaster House

Grange Business Park

Enderby Road

Whetstone

Leicester

LE8 6EP

Telephone: 073 920 92473

   Email:   Anne.Costain@stonewater.org

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August 02, 2023 03:00 ET (07:00 GMT)

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