Jigsaw Funding PLC New Funding to Deliver More Affordable Homes
January 29 2024 - 5:50AM
RNS Regulatory News
RNS Number : 2290B
Jigsaw Funding PLC
29 January 2024
Jigsaw Funding plc £360,000,000 3.375 per cent Secured
Sustainability Bonds due 2052
LEI
of the Issuer is 213800JR9H24DDKNFB02
ISIN
Number XS2471415534
CFI
for the Bonds is DAFNFB or as set out on the website of the
Association of National Number Agencies (ANNA).
FISN
for the Bonds is JIGSAW FUNDING/3.375ASST BKD 205205 or as set out
on the website of the ANNA.
Jigsaw Homes Group Obtains New Funding to Deliver More
Affordable Homes
The Group completed deals in December 2023
following a comprehensive treasury strategy review, focusing on
enhancing liquidity and financial capacity and optimising Jigsaw's
treasury operations.
The deals helps grow the Group's available
finance resources by over £100m. It involved increasing the tenor
of Jigsaw's revolving credit facilities (RCFs), raising a £50m
private placement and optimising financial covenants, lowering the
overall average interest margin. More information is available on
our website at:
https://www.jigsawhomes.org.uk/news/general/jigsaw-homes-group-obtains-new-funding-to-deliver-more-affordable-homes/
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