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Moat has retained its A2 stable credit rating from Moody’s following a review of the its operating and financial performance.
Elizabeth Austerberry, Chief Executive, said: “I’m delighted that Moody’s recognises Moat’s key strengths, which will enable us to continue to deliver our ambitious development pipeline of over 2,000 affordable homes.”
ENDS
For more information contact:
Sarah Marsden, Head of Communications, on sarah.marsden@moat.co.uk or call 0845 359 6404.
You can view the report in our reports, documents and policies page.
Note to editors Moat owns and manages over 20,000 homes in the UK, spread across South East London, Kent, Essex and Sussex. The organisation is focused on delivering homes to those in housing need with over 90% of its development pipeline comprising affordable homes either to rent or to buy.