Euro Medium Term Note Programme 2016
A2Dominion Housing Group set up an unsecured £1bn Euro Medium Term Note Programme in October 2016 to facilitate its future funding requirements.
The first annual update of the Programme documentation was recently completed and the credit rating of A+ has been reconfirmed by Fitch Ratings.
The debut issue, in November 2016, was a £250m 12-year unsecured sterling wholesale bond with a 3.5% coupon. The issue is also rated A+ by Fitch Ratings, mirroring both the Programme and the housing group's long term corporate rating.
The proceeds of the issue are being used to fund our development programme and further grow our portfolio of private rented properties.