Your Housing Group Analysis of Strategic Financing Options
Centrus was appointed by Your Housing Group, a housing provider with over 34,000 homes across the North-West, Yorkshire and the Midlands, to undertake a strategic review of its existing financing arrangements and its future business aspirations in order to ensure that its treasury position and business strategy and structure are properly aligned. This work involved complex business plan capacity modelling across 7 operating subsidiaries, each with its own funding arrangements and different loan covenants.
Centrus was able to add value to the process through our extensive experience of capacity modelling and to apply common assumptions across a range of costed financing scenarios in order to inform the decision making process and the costs and benefits associated with different strategies under consideration. The business plan work was combined with extensive modelling of the treasury portfolio in order to ensure that value embedded within existing loan arrangements and potential breakage costs on fixed rate funding arrangements were fully factored in to the analysis.
This project demonstrated our ability to support decision making by unravelling complexity and comparing various options on a clearly defined set of deliverables for the client, as well as an ability to combine treasury expertise and business planning capabilities in a holistic manner.