Announcements
Drinks
Instrument data
Issuer
Senority
Senior Unsecured
Currency
HUF
ISIN
HU0000360177
Coupon percent
2.8%
Coupon type
Fixed
Instrument volume
3,500,000,000
Maturity date
17/12/2027
-
BB-
Outlook:
None
BB-
Outlook:
None
Latest change
Downgrade
18/10/2023
General information
Rating
Public
Unsolicited
With issuer participation
UK endorsed
EU Rated
Claudia Aquino
Lead analyst
Olaf Tölke
Committee chair
20/11/2020 Rating announcement EN
Scope assigns Abroncs Kereskedőház Kft first-time issuer rating of BB/Stable
The credit rating mainly reflects AKH's leading market position in the Hungarian tyre retailing industry and investment grade credit metrics. The rating is held back by the group's small size, low profitability and rather weak diversification.
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