bpha continues strong financial performance in 2020

bpha today (3 August 2020) released its financial statements for the year ended 31 March 2020, reporting a continuation of its strong financial performance.

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bpha issues £125m Private Placement

Following a successful UK and US roadshow bpha issued a £125m Private Placement in February 2020 with UK, US and Canadian investors, with settlement dates in February and May 2020. The deal was mostly on an unsecured basis (over 90% unsecured) with a range of maturities between 10 and 20 years and an all in […]

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bpha’s Coronavirus Plan

Our Approach We are currently facing an unprecedented global health situation with the spread of the COVID-19 virus.  In these extremely challenging times the safety and wellbeing of our residents and employees remains our priority and we are doing everything we can to ensure their wellbeing and to continue to support the Government in controlling […]

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bpha maintains strong operating margin in half year financial report

bpha today (29 November 2019) released its half year financial report results for the six months ended 30 September 2019. The report shows that bpha is continuing to maintain a strong financial performance, with a social housing lettings operating margin of 42.4% (Sept 2018: 42.8%) which is in the upper quartile for the sector. It […]

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bpha retains highest regulatory ratings

bpha has retained the highest regulatory ratings a housing association can achieve following a recent in-depth assessment (IDA) by the Regulator of Social Housing (RSH). bpha was rated a G1 for governance and V1 for financial viability, reflecting the regulator’s assurance on the way we are governed and managed, and our financial stability. Kevin Bolt, […]

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On 16 October 2019, S&P reaffirmed bpha’s long-term credit rating of A+

Credit rating agency Standard & Poor’s (S&P) has reaffirmed bpha’s long-term credit rating of A+ (negative). In their Research Update, S&P have commented that bpha: continues to have strong enterprise profile underpinned by high proportion of revenues from traditional social housing activities, its dynamic area of operation and its excellent asset quality has a strong […]

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bpha announces appointment of new Chief Financial Officer

bpha has appointed Julian Pearce as its new Chief Financial Officer. Julian has spent over 20 years in a range of senior executive finance roles, most recently as Chief Financial Officer at NHS Property Services and has a strong track record as a senior executive operating at Board level. Julian has previously been a Partner […]

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2019 Financial Statements – bpha maintains strong operating margin

bpha today (16 September 2019) released its financial statements for the year ended 31 March 2019, maintaining strong operating margin of 42.6% (2018: 47.2%), with social housing lettings operating margin of 40.6% (2018: 44.3%). This was achieved along with historically high investment rates in existing and new homes, including the completion of 621 new affordable […]

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bpha appoints two new Non-Executive Directors to the Board

bpha is pleased to announce the appointments of Dr Geraldine O’Sullivan and Shirley Pointer as Non-Executive Directors. They joined the Board in May 2019. Geraldine brings extensive experience gained within the health service, including as a Consultant Psychiatrist and as Executive Director, Quality and Medical Leadership of the Hertfordshire Partnership University NHS Foundation Trust. Geraldine […]

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Francesco Elia appointed as Interim CFO

bpha has today (29/03/19) appointed Francesco Elia as its Interim CFO with immediate effect. Francesco is an accountant with over 10 years’ experience of senior executive roles within a range of housing associations, including one from the G15. His appointment comes after it was announced earlier this week that Paul Gray would be leaving the […]

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