At the same time, following an in depth review by Standard & Poor’s Global Ratings, Housing Solutions existing rating has been reconfirmed as A+, Outlook Stable. The Standard & Poor’s overview commented that Housing Solutions has persistently high levels of EBITDA margins, a strong liquidity position, and exceptional asset quality.
Liz Padmore, Chairman of Housing Solutions, commented: “We are delighted with the outcome from the IDA and the Standard & Poor’s review which has been well received by all our stakeholders and development partners. These ratings confirm the strength of our internal governance and financial viability. Housing Solutions remains rooted in our local communities as we continue to build more homes.”