In its latest report, the agency which rates the financial position of organisations across the UK, highlighted Jigsaw Group’s gearing and sound financial management incorporating the group’s maintained high development ambitions during a challenging operating environment.
The Group’s key financial metrics still remain in line with its A2-rated peers. The latest credit opinion, reflects on Jigsaw Group’s decision to utilise its significant covenant headroom at a time when the economic outlook remains very uncertain.
This decision enables the Group to continue with its commitment to residents with the programme of investment in their homes, and to support future residents with a development programme which aims to deliver 4,000 new homes over the next five years.
You can read the full report using the link below:
