Notting Hill Genesis is one of the largest housing associations in the country. We provide around 65,000 homes across London and the south-east which have a vacant possession value of more than £19bn.
As of March 2020, we had just over £3.5bn of drawn debt and £475m of undrawn facilities. We have firmly established the fixed-income investor base as a key source of long-term funding for the Group with £1.8bn of bonds in issue.
On 21 September 2020, Notting Hill Genesis' market rent subsidiary, Folio London Limited, secured a further £250m of financing through the capital markets. A bond was issued by Folio Residential Finance no 1plc and was priced at 128bps above the seven year gilt - an all inclusive figure of 1.248%. The expected maturity is 31 October 2027. Barclays acted as bookrunner and Notting Hill Genesis was advised by Capital Finance Strategies Limited.
We have become aware that someone is soliciting investments in Canonbury Developments Limited, a wholly-owned subsidiary of Notting Hill Genesis. Canonbury Developments Limited is wholly financed by the Notting Hill Genesis Group and is not seeking third party investment at this time and is unlikely to do so in the future.
Trading statements
NHG trading update for the period ended 30 September 2019
NHG trading update for the period ended 30 September 2018
Latest financial statements
Annual report and financial statements 2019-2020
Investor presentations
Presentations given to the investors of Notting Hill Genesis
Investor Update - 15 May 2020
Funders' day presentation - 27 November 2019
Funders' day presentation - 23 November 2018