Moody’s Credit Opinion

bLEND Funding, established in 2018 by The Housing Finance Corporation Limited, is a new housing aggregator whose purpose is to provide bond market access to suitable HAs which typically do not have the capacity or requirement to issue benchmark-size bonds.

bLEND exhibits a supportive institutional framework, liquidity reserves as a structural enhancement and significant sector experience to mitigate start-up risk.

As such, bLEND has been given an initial A2 long-term rating from Moodys. The credit opinion, dated the 23rd November 2020, can be accessed below.