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![Scope downgrades Masterplast Nyrt. issuer rating to B/Negative from B+/UR for a possible downgrade](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_8118c8469e8b0e53b7da45104de87b1be76822a8c3e1d7bb66fa699fcf790c68.jpg)
28/2/2024 Rating announcement EN
Scope downgrades Masterplast Nyrt. issuer rating to B/Negative from B+/UR for a possible downgrade
The rating action highlights Masterplast's reliance on renewing short-term bank loans against a backdrop of reduced demand and difficult economic conditions, despite improved operational stabilisation through effective cost-saving measures.
![Scope affirms BB-/Stable issuer rating on Masterplast Nyrt.](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_6fbe35ca88022df93ce1e866b0b28f746f63288f7cf5b4cd5ea60bf6292a6fad.jpg)
15/7/2022 Rating announcement EN
Scope affirms BB-/Stable issuer rating on Masterplast Nyrt.
Scope forecasts improved cash generation driven by regulatory tailwinds and the end of the capex-heavy expansion phase (2020-2022) helping to keep credit metrics under control amid a challenging environment.
![Scope revised Outlook on B+ issuer rating of Masterplast Nyrt. to Positive](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_c14f34b9887afe45fb206070ce08f5ee32bf756e7e59e92d940064ad7b953afb.jpg)
31/8/2020 Rating announcement EN
Scope revised Outlook on B+ issuer rating of Masterplast Nyrt. to Positive
The Outlook change is driven by the anticipated improvement in credit metrics that lever on a growing operational cash flow following investments into the company’s production capacities and product availability in the past and going forward.
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