Moody's affirms (P)Aa1 rating of guaranteed secured bond programme issued by PRS Finance Plc
London, 09 November 2016-- Moody's Investors Service EMEA Ltd, has today affirmed the Aa1 rating of the updated GBP3.5 billion Guaranteed Secured Bond Programme of PRS Finance plc in connection with the management and delivery of the Housing Guarantee Scheme for the Private Rented Sector. The assigned Aa1 rating is based solely upon the unconditional and irrevocable guarantee of scheduled principal and interest on the bonds secured under the Programme to be provided by the...
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