This website is using cookies
This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.
x

Hexagon Housing Association 3.625% - 2048: 23 April 2022


Hexagon Housing Association Limited was incorporated on 24 June 1969 and was previously called Shackleton Housing Association Limited. In July 1990 Shackleton Housing Association Limited accepted a transfer of engagements from Solon South East Housing Association Limited and changed its name to Hexagon Housing Association Limited. The Issuer is registered in England as a charitable community benefit society, and it is also an exempt charity.

The principal activities of the Group is the management and development of social housing, operating in London and Kent. The Issuer owns and manages around 4,500 homes, of which 97% are affordable tenures.

The valuation report was prepared by Savills Advisory Services Limited.

Units …… Valued on EUV-SH basis (£) …….. Units …… Valued on MV-ST basis (£) ….. Total
46 ………………3,917,000 ……………… .. 932 ……… ….307,236,000 ……… … 311,153,000

For so long as any of the Bonds remain outstanding, the issuer shall deliver a Full Valuation to the Bond Trustee at least once in every period of five calendar years (beginning in 2027) and a Desk Top Valuation in the period between 31 March and the date falling 120 days thereafter in each year (beginning in 2023) other than a year in respect of which a Full Valuation is required to be delivered.