Boston Mayflower Finance PLC
21st November 2023
Lincolnshire Housing Partnership (LHP) Outlook Revised to Stable from Negative by S&P Global Ratings
LHP is pleased to announce that S&P Global Ratings has revised its outlook on the long-term issuer credit rating on LHP to stable from negative. The rating agency also affirmed its 'A-' long-term issuer credit rating.
This is mainly underpinned by well-defined investments in existing homes and LHP's decision to pause uncommitted development to accommodate these investments. LHP's strong liquidity position and experienced management team will support the delivery of this investment strategy.