Announcements

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      Instrument data
      Issuer
      Senority
      Senior Unsecured
      Currency
      HUF
      ISIN
      HU0000359393
      Coupon percent
      2.3%
      Coupon type
      Fixed
      Instrument volume
      3,600,000,000
      Maturity date
      17/12/2029
      -
      BB Outlook: None
      BB Outlook: None
      Latest change
      Affirmed
      21/09/2022
      General information
      Rating
      Public
      Unsolicited
      With issuer participation
      UK endorsed
      EU Rated
      Vivianne Anna Kápolnai Lead analyst
      Olaf Tölke Committee chair
      Scope affirms BB-/Stable issuer credit rating on Hungarian tyre wholesaler MARSO

      21/9/2022 Rating announcement EN

      Scope affirms BB-/Stable issuer credit rating on Hungarian tyre wholesaler MARSO

      The affirmation reflects MARSO’s adequate financials after the completion of the logistics centre in Dunaharaszti amid challenging market conditions.

      Scope affirms BB-/Stable issuer credit rating on Hungarian tyre wholesaler MARSO

      21/10/2021 Rating announcement EN

      Scope affirms BB-/Stable issuer credit rating on Hungarian tyre wholesaler MARSO

      The affirmation reflects MARSO’s resilient financials amid the Covid pandemic and the expectation that the financial risk profile will remain commensurate with the rating once investment in the logistics centre comes to an end.

      Scope assigns Marso Kft a first-time issuer rating of BB-, Outlook Stable

      7/10/2019 Rating announcement EN

      Scope assigns Marso Kft a first-time issuer rating of BB-, Outlook Stable

      The issuer rating mainly reflects the tyre wholesaler's dominant share in the Hungarian market. The high level of interest cover supports the rating, but low profitability and weak diversification are constraints.

      Date Title