TIDM38LT

RNS Number : 6442R

Libra (Longhurst Group)Treasury PLC

01 March 2019

Libra (Longhurst Group) Treasury plc

Libra (Longhurst Group) Treasury No2 plc

01(st) March 2019

Moody's Credit Opinion for Longhurst Group Limited

Moody's Public Sector Europe announced today that an amendment to the group structure of Longhurst Group Limited, in which the group will convert Spire Homes (LG) Limited ("Spire") into a Community Benefit Society, and release the floating charge from Spire Homes (LG) Limited, would not in and of itself and as of this time, result in the downgrade, the placement on review for possible downgrade, or withdrawal of the secured debt ratings assigned to Libra (Longhurst Group) Treasury Plc and Libra (Longhurst Group) Treasury No 2 plc, subsidiaries of Longhurst Group Limited.

The secured assets will remain subject to the existing security (other than the floating charge) and there will be no change in priority in respect of the existing security

A copy of the announcement can be found here: https://www.moodys.com/research/Moodys-No-rating-impact-on-bonds-issued-by-Libra-Longhurst--PR_396053?WT.mc_id=AM%7eRmluYW56ZW4ubmV0X1JTQl9SYXRpbmdzX05ld3NfTm9fVHJhbnNsYXRpb25z%7e20190301_PR_396053

For more information, please contact:

Rob Griffiths, Chief Financial Officer & Deputy Chief Executive

Kate Wood, Director of Corporate Finance

For media enquiries, please contact:

Jon Reeves, Director of Communications

Longhurst Group Limited 0345 30 90 700

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

MSCZFLFBKXFZBBV

(END) Dow Jones Newswires

March 01, 2019 09:52 ET (14:52 GMT)

Libra (long) 38 (LSE:38LT)
Historical Stock Chart
From Dec 2024 to Jan 2025 Click Here for more Libra (long) 38 Charts.
Libra (long) 38 (LSE:38LT)
Historical Stock Chart
From Jan 2024 to Jan 2025 Click Here for more Libra (long) 38 Charts.