Category: Investor updates

01 October saw Jigsaw Homes Group Board Member Evelin Matley, assume the role of Chair for the boards of Jigsaw Funding and Jigsaw Treasury.  

The statements set out a comprehensive account of Jigsaw Group’s activities during 2023/24 and provide an insight into our efforts to deliver on our strategic priorities.

We are pleased to report that as at 31 March 2024, the Group has fulfilled all the requirements under its sff and in the year ending 31 March 2024, the Group delivered a record level of 929 new units of much needed social and affordable housing.

Moody’s affirmed the A2 long-term issuer rating of Jigsaw Homes Group Limited and the A2 senior secured debt rating of Jigsaw Funding plc. Jigsaw’s Baseline Credit Assessment has also been affirmed at a3. The outlooks for both, changed to stable from negative,

The report provides an easy-to-read and easy-to-compare account of our esg activities in the last 12 months, as we continue on our mission of: Creating homes. Building lives. 

In view of Jigsaw Homes Group’s annual non-deal investor update on 01 February 2024 at 10.00am, we are pleased to share the presentation in advance.

The deal helps grow the Group’s available finance resources by over £100m. It involved increasing the tenor of Jigsaw’s revolving credit facilities (RCFs), raising a £50m private placement and optimising financial covenants, lowering the overall average interest margin.

We are pleased to introduce the second half-year trading and performance update for Jigsaw Homes Group. As a Group, we remain committed to our core mission of making a social impact through ”Creating Homes, Building Lives”.

Chris Smith has been appointed as Group Director of Corporate Services at Jigsaw Homes Group. He will play a crucial role in managing the Corporate Services directorate, overseeing our Connect customer contact service, Marketing & Communications, IT and Governance while being more involved in corporate planning and change management. 

Jigsaw Homes Group has again retained its G1/V1 status – the highest rating possible – from the Regulator of Social Housing (RSH) showing the Group continues to be well-governed and financially strong.