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      Instrument data
      Issuer
      LR Health & Beauty SE
      Senority
      Senior Secured
      Currency
      EUR
      ISIN
      NO0013149658
      Coupon percent
      11.005%
      Coupon type
      Floating: Fixed Margin over Index
      Instrument volume
      130,000,000
      Maturity date
      04/03/2028
      -
      C Outlook:
      C
      Latest change
      Review
      10/11/2025
      General information
      Rating
      Public
      Solicited
      With issuer participation
      UK endorsed
      EU Rated
      Michel Angelo Bove Lead analyst
      Thomas Faeh Committee chair
      Scope downgrades LR Health & Beauty to C and places rating under review for a possible downgrade

      10/11/2025 Rating announcement EN

      Scope downgrades LR Health & Beauty to C and places rating under review for a possible downgrade

      The downgrade reflects the company’s potential covenant breach, negotiations with bondholders to defer interest payments and waive default rights. The ratings are placed under review for a possible downgrade due to the immediate risk of a Default.

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      Scope affirms LR Group’s BB- issuer rating; changes Outlook to Negative

      4/11/2024 Rating announcement EN

      Scope affirms LR Group’s BB- issuer rating; changes Outlook to Negative

      The change in Outlook reflects the increased interest burden along with broadly flat profitability expected for 2024 given the challenging environment.

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