Hyde keeps its Aa2 rating from Moody's

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Published by 24publishing for 24dash.com in Featured and also in Housing, Local Government

Moody’s has today reaffirmed Hyde’s Aa2 credit rating. The 48,000 - housing association has maintained the Aa2 rating, based on its strong financial performance and prudent financial management.The Moody’s report said: "Hyde is rated at the upper end of Moody’s-rated English housing associations. Hyde's relative position reflects stronger operating margin, a track record of higher sales profits and lower debt-to-asset."Hyde’s stable senior management shows strong ca...

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