Announcements

    Drinks

      Instrument data
      Senority
      Senior Unsecured
      Currency
      HUF
      ISIN
      HU0000360706
      Coupon percent
      3%
      Coupon type
      Fixed
      Instrument volume
      23,000,000,000
      Maturity date
      19/07/2031
      -
      BB Outlook: None
      BB Outlook: None
      Latest change
      New
      19/11/2024
      General information
      Rating
      Public
      Unsolicited
      With issuer participation
      UK endorsed
      EU Rated
      Barna Szabolcs Gáspár Lead analyst
      Marlen Shokhitbayev Committee chair
      Scope upgrades Baromfi-Coop Kft.’s issuer rating to BB with Stable Outlook

      19/11/2024 Rating announcement EN

      Scope upgrades Baromfi-Coop Kft.’s issuer rating to BB with Stable Outlook

      Significant capacity growth, followed by fast deleveraging and operation of a resilient business model with low volatility of operating profitability drive the upgrade of the issuer rating to BB from BB-.

      Scope affirms Baromfi-Coop Kft’s issuer rating at BB- and raises Outlook to Positive

      5/12/2023 Rating announcement EN

      Scope affirms Baromfi-Coop Kft’s issuer rating at BB- and raises Outlook to Positive

      Significant expansion following heavy investment, coupled with deleveraging and a resilient business model, drive the Positive Outlook.

      Scope affirms Baromfi-Coop Kft’s issuer rating of BB-/Stable

      7/12/2022 Rating announcement EN

      Scope affirms Baromfi-Coop Kft’s issuer rating of BB-/Stable

      The affirmation reflects good navigation through the pandemic and rising input costs thereafter, with healthy profitability and an expansion of business with leverage kept under control.

      Scope confirms Baromfi-Coop Kft’s issuer rating of  BB-/Stable

      13/12/2021 Rating announcement EN

      Scope confirms Baromfi-Coop Kft’s issuer rating of BB-/Stable

      The rating action reflects the changed investment strategy, higher-than-expected state subsidies, better-than-planned Q3 results and greater transparency and therefore visibility on the future business plan and capital structure.

      Scope places Baromfi-Coop Kft’s issuer rating of BB- under review for a possible downgrade

      16/9/2021 Rating announcement EN

      Scope places Baromfi-Coop Kft’s issuer rating of BB- under review for a possible downgrade

      The rating action reflects Baromfi-Coop’s changed investment strategy, resulting in uncertainty with regard to the company’s future business plan and capital structure.

      Scope affirms Baromfi-Coop Kft. at BB-/Stable ahead of HUF 23bn senior unsecured green bond issuance

      2/7/2021 Rating announcement EN

      Scope affirms Baromfi-Coop Kft. at BB-/Stable ahead of HUF 23bn senior unsecured green bond issuance

      The rating reflects the company’s solid EBITDA margin and its position as the largest chicken-processing company in Hungary, its proven track record of expansion, and its resilience. The rating is constrained by weak diversification.

      Date Title