Edition:
India

Barratt Says Total Forward Sales (Including JVS) At 30 June Of 14,326 Homes


Monday, 6 Jul 2020 

July 6 (Reuters) - Barratt Developments PLC ::GROUP TRADED WELL ACROSS COUNTRY UP TO 22 MARCH 2020 AND WAS ON TRACK TO MEET ITS MEDIUM TERM TARGETS.TOTAL FORWARD SALES (INCLUDING JVS) AS AT 30 JUNE 2020 OF 14,326 HOMES AT A VALUE OF £3,249.7M.AS AT 30 JUNE 2020 GROUP HAD NET CASH(3) OF AROUND £305M.GROUP HAS £200M OF DRAWN US PRIVATE PLACEMENT NOTES AND A £700M UNDRAWN REVOLVING CREDIT FACILITY..RECEIVED CONFIRMATION THAT IT IS ELIGIBLE TO ACCESS FUNDING UNDER COVID CORPORATE FINANCING FACILITY.