a day ago
ClwydAlyn retains 'A' credit rating from S&P Global
The social housing provider, which owns and operates more than 6,800 homes, had its rating reaffirmed by credit reference agency S&P Global.
The review, part of an annual credit check, was published on June 3, 2025, and stated: "We expect North Wales-based social housing provider ClwydAlyn Housing Ltd.'s financial metrics to remain steady."
The not-for-profit organisation's stable finances are based on a long-term plan to build more homes across North and Mid Wales, providing affordable housing for families and individuals.
Sandy Murray, executive director of resources at ClwydAlyn, said: "Confirmation of our 'A' credit rating reflects our ability to meet our long-term financial commitments.
"We're pleased that S&P Global has recognised our ongoing strengths and strategic direction.
"And, as we enter into a new five-year period, we are as focused as ever on delivering safe, warm, affordable homes to the communities we work alongside."
ClwydAlyn employs more than 800 staff and offers a variety of tenancy options for those in need of affordable housing.
S&P Global provides data-driven insights, research, and analysis to assess the creditworthiness of organisations.
The rating reflects the 'stable financial footing' upon which the organisation plans to increase its housing stock.
More information is available on the S&P Global website.