Case Studies
Delivering successful outcomes for our clients

Cottsway Housing Association – A2 Credit Rating

Centrus frequently advises clients on strategic decisions in the context of their potential impacts on credit ratings, as well as on the process of procuring a credit rating. Centrus supported Cottsway Housing Association in procuring its A2 credit rating from Moody’s Investor Service which formed part of its exercise to restructure existing loan facilities and refinance debt into the institutional investor market. The Centrus team was able to add value to the process by supporting Cottsway in the preparation of a management presentation to Moody’s as well as providing a peer group analysis to identify areas of relative strength or otherwise and holding a dry run for the Cottsway management team with questions to prepare them for the sort of detailed questioning that Moody’s would ask. A successful outcome on the rating was helpful in delivering a strong financing result for Cottsway