TIME FINANCE PLC — Capital/Financing Update 2021

Aug 2, 2021

National Storage Mechanism | Additional information

RNS Number : 3192H

Thrive Homes Finance PLC

02 August 2021

Announcement of Forward Purchase Agreements

Thrive Homes Finance Plc

2 August 2021

Thrive Homes Finance Plc

£125,000,000 4.68 per cent. Secured Bonds due 2051 - New Bond Sale

Thrive Homes Finance Plc has today executed two Forward Purchase Agreements in connection with the sale of £75,000,000 of bonds, to form part of a further issue of £75,000,000 4.68 per cent Secured Bonds due 2051 (to be consolidated and form a single series with the existing £125,000,000 4.68 Secured Bonds due 2051). It is expected that the proceeds, including an amount representing accrued interest, will be received in two amounts, on 31 March 2022 and 30 September 2022. 

For further information, please contact:

Mark Farrar

Thrive Homes Finance Plc

Westside

London Road

Hemel Hempstead 

HP3 9TD

Telephone: 03331363950

Email: mark.farrar@thrivehomes.org.uk

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