The rating action reflects the potential negative impact of a disease outbreak on the issuer`s credit profile.

The rating reflects the low-risk water concessions business and strong financial risk profile. The company’s modest size, high emerging-markets exposure and concentrated portfolio are constraints, while a project delay is dampening profitability.

The affirmation reflects the issuer's strong financial risk profile and resilient credit metrics; its relatively small size and scope remain constraints.

Following the recent affirmation of the BB-/Stable issuer rating, Scope has updated its analytical report on 4iG Nyrt.

The affirmation reflects Biggeorge Property’s integrated real estate and fund management platform, strong pipeline and stable debt. Earnings are set to increase, while risks stem from cash flow volatility and concentration in Hungary.

The recent capital increase has stabilised the company's financial risk profile by significantly reducing LTV and increasing interest cover, leading to a change in Outlook to Stable from Negative.

The rating continues to reflect the company’s strong financial risk profile and weak business profile. Despite its expansion strategy, resilient operating performance and stable growth are expected in the near term.

The periodic review has resulted in no rating action.

Szinorg's credit profile benefits from growing real estate portfolio diversification and adequate liquidity, but faces headwinds from its small scale, the cyclical construction business, and increasing leverage.

The affirmation reflects the maintenance of low business risks and Scope’s expectation that Eidsiva will contain financial risks amid high capex needs, albeit with limited headroom for underperformance.