Announcements
Drinks
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.
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-.
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