Fitch credit rating reaffirmed as A- with a stable outlook

This week our credit rating agency, Fitch, in their annual review of Origin, made the decision to revise Origin’s credit rating up one notch, from BBB+ to  A- (stable).

Fitch statement

“The rating action reflects the stabilisation in Origin's financial profile, arresting a deterioration trend over the past five years. This follows its merger, completed in April 2024, with a more financially resilient registered provider (RP), Places for People Group Limited (PfPG; A-/Stable). 

Click here to read the full press release on the fitch website.

Origin statement

“Origin is pleased as this reflects the efforts of the whole organisation to build financial resilience in the last year and the collaborative work on re-financing with our merger partner PfP” - Mark Farrar, Director of Finance, Technology and Change

For more information contact communications@originhousing.org.uk