bpha Credit Rating maintained at A+ (stable)

BPHA Finance PLC

29 October 2025

 

On 28 October 2025, Credit rating agency Standard & Poor's (S&P) maintained bpha's long-term credit rating at A+ (stable).

In their report, S&P have commented that bpha will continue to manage its business prudently thanks to the ample flexibility built into its plans enabling the group to maintain strong key financial metrics.

The key drivers of their assessment are:

·      Our financial indicators remain solid despite an increase in our development program

·      Our modest investment growth in existing homes, underpinned by the group's solid asset quality, which is viewed as more favourable than sector peers

·      Our very strong liquidity reflecting group's prudent liquidity policy

·      Strong demand, prudent cost management and limited exposure to market sales underpin solid operational metrics

·      Prudent management practises and flexibility in investment plans allowing financial adaptability.

S&P has also confirmed the A+ rating on our £350m senior secured bond issued by bpha Finance plc.

 

END