Debt Information

Platform Housing is funded through a mixture of capital markets bonds and bank loans. Capital markets financing is issued directly, via its financing subsidiary Platform HG Financing plc and historically, via social housing financing aggregators. Bank loans comprise revolving credit facilities and term loans. Further details on the debt portfolio including funders, maturity and corporate structure can be found on this page.

Bonds Debt Information

Platform Housing has participated in debt capital markets bond issues directly, via its financing subsidiary Platform HG Financing plc, and historically via social housing financing aggregators, primarily via bLEND Funding Plc and Affordable Housing Finance Plc. The following PDF contains details of the most recent bond issues.

Bonds Debt Information

Bank Debt Information

Platform Housing has 6 principal banking partners. As at March 2024 these facilities totalled £950m, of which £550m was drawn and £400m was available to draw.

Bank Debt Information

Debt Maturities

Platform has a policy to avoid debt maturities that are over 25% of drawn debt in any 12 month period. Debt maturities consist of larger capital markets transactions towards the end of the profile and a number of smaller bank repayments beforehand.

Debt Maturities

Corporate and Financing Structure

The majority of Platform’s historical borrowing resides within Platform Housing Limited, the main asset owning and trading entity. A funding subsidiary, Platform HG Financing Plc, issues debt capital markets instruments and on-lends the proceeds to Platform Housing Limited as the borrower.

Corporate and Financing Structure