Together Housing Finance plc has extended the publication date for its audited financial statements to Oct. 26, 2026, owing to an ongoing legal matter involving entities within its group.
The UK social-housing finance company originally was required under its bond trust deed and related loan agreement to file audited accounts within 180 days of its fiscal year end of March 31, 2026 — a deadline that had fallen on Sept. 27, 2026. M&G Trustee Company Limited, which acts as trustee for the group’s bonds, has consented to the extension.
According to the issuer, the delay stems from additional time needed by its auditors to resolve a complex legal issue connected to a settlement involving Together Housing Association Limited and Pendleton Together Operating Limited, a subsidiary of the group’s parent, Together Housing Group Limited. Both the issuer and Together Housing Association stated they do not expect the financial statements to receive an audit qualification, and added that the draft accounts contain no non-public price-sensitive information relating to either entity.
Together Housing Finance plc issued £350 million of 4.50% secured bonds maturing in 2042 under a bond loan agreement first established on Dec. 13, 2012. The proceeds were on-lent to Together Housing Association Limited.
The issuer is targeting publication of its own financial statements by Sept. 30, 2026, ahead of the consolidated accounts for the group parent.
