23/4/2024 Rating announcement EN
Scope affirms BBB+/Stable issuer rating on Hungarian pharmaceutical company Richter Gedeon
The affirmation mainly reflects the still very strong financial risk profile as well as the good prospects for growth and cash generation despite macroeconomic challenges and geopolitical uncertainties.
5/4/2024 Rating announcement EN
DKR’s issuer rating downgraded to C from CC, rating maintained under review for a developing outcome
The downgrade is driven by increased liquidity risks, as DKR's extension of the maturity of its senior unsecured bond to within the payment grace period limits its room for manoeuvre.