Announcements

    Drinks

      Instrument data
      Issuer
      WINGHOLDING Zrt.
      Senority
      Unsecured
      Currency
      HUF
      ISIN
      HU0000360805
      Coupon percent
      3%
      Coupon type
      Fixed:Plain Vanilla Fixed Coupon
      Instrument volume
      25,300,000,000
      Maturity date
      22/09/2031
      -
      B+ Outlook: None
      B+ Outlook: None
      Latest change
      Affirmed
      27/12/2023
      General information
      Rating
      Public
      Unsolicited
      With issuer participation
      UK endorsed
      EU Rated
      Fayçal Abdellouche Lead analyst
      Philipp Wass Committee chair
      Scope affirms B+ issuer rating of Wingholding Zrt. and revises the Outlook to Negative

      27/12/2023 Rating announcement EN

      Scope affirms B+ issuer rating of Wingholding Zrt. and revises the Outlook to Negative

      The Outlook change reflects the increasing leverage and declining interest cover amid an unsupportive business environment for real estate developers. Current credit metrics leave limited headroom to offset earnings volatility.

      Share
      Read more
      Scope affirms B+/Stable issuer rating on Wingholding Zrt

      31/1/2023 Rating announcement EN

      Scope affirms B+/Stable issuer rating on Wingholding Zrt

      The rating affirmation reflects the issuer’s strong market position, balanced development pipeline, and sound liquidity amid the unfavourable environment for real estate developers.

      Share
      Read more
      Scope affirms B+ rating on Wingholding Zrt. and revises Outlook to Stable from Positive

      27/1/2022 Rating announcement EN

      Scope affirms B+ rating on Wingholding Zrt. and revises Outlook to Stable from Positive

      The rating affirmation reflects robust market conditions, whereas the Outlook revision follows an update to Scope's real estate ratings methodology and rising interest rates. Senior unsecured debt ratings have been lowered to B+ from BB-.

      Share
      Read more
      Scope affirms B+ rating on Wingholding Zrt. and changes Outlook to Positive from Stable

      3/8/2021 Rating announcement EN

      Scope affirms B+ rating on Wingholding Zrt. and changes Outlook to Positive from Stable

      The Outlook change reflects the lower leverage expectations and increasing visibility of revenues. Senior unsecured debt has been affirmed at BB-.

      Share
      Read more
      Date Title