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Moody's rates Together Housing Aa3
Moody's Investors Service said it assigned an Aa3 issuer rating to Together Housing Group.
In addition, the rating agency assigned an Aa3 debt rating to the proposed £200 million bond issuance of Together Housing Finance plc, which is Together Housing Group's primary borrowing vehicle.
Moody's said the negative outlook on the issuer rating is in line with the outlook on the UK sovereign ratings, given Together Housing Group's strong financial, operational and economic linkages with the central government.
The negative outlook on the debt rating mirrors the negative outlook on Together Housing Group's issuer rating.
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