‘A+’ credit rating recognises Catalyst’s financial strength

Catalyst has been given an ‘A+’ (negative outlook) credit rating by the international credit rating
agency, Standard & Poor’s (S&P).

The rating report emphasised Catalyst’s high quality asset base, low leverage and ample interest cover
as a rating strength alongside Catalyst’s strong and experienced management team.

Rachael Dennis, Chief Operating Officer at Catalyst, said: “I am delighted by our assessment by S&P.
Catalyst has worked hard over the years to build our financial capacity and resilience, and to improve
our efficiency. The S&P report reflects our achievements across all fronts and demonstrates the hard
work and dedication our teams put in to deliver excellent value and services for our customers”.

The housing provider has recently begun several high profile developments, including the second
phase of the regeneration of the Wornington Green estate. Catalyst was recently chosen by the Mayor
of London to develop a 100% affordable scheme at Blackhorse Yard in Waltham Forest, alongside
Swan Housing and C.F. Møller Architects.