Announcements
Drinks
Instrument data
Issuer
Senority
Senior Unsecured
Currency
EUR
ISIN
XS1811852521
Coupon percent
7%
Coupon type
Fixed:Plain Vanilla Fixed Coupon
Instrument volume
200,000,000
Maturity date
14/05/2025
-
B-
Outlook:
B-
Latest change
Review
21/06/2024
General information
Rating
Public
Solicited
With issuer participation
UK endorsed
EU Rated
Ivan Castro Campos
Lead analyst
Sebastian Zank
Committee chair
![Scope downgrades Nitrogenmuvek to B from BB-, places it under review for possible downgrade](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_65585fd226c57eb3809ca7374b24c1db28a99f0b0d14e257fd0fbbc18ef6ee64.jpg)
27/3/2024 Rating announcement EN
Scope downgrades Nitrogenmuvek to B from BB-, places it under review for possible downgrade
The action follows rapid credit metric deterioration amid operational disruptions and concerns about refinancing a EUR 200m bond in May 2025. The under-review status signals further short-term rating pressure due to potential liquidity constraints.
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