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![Scope affirms the B+/Stable issuer rating on Forrás Nyrt.](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_9f714afe78ddd739a72433b3ee6ba1a22dee688cddcd8214b92046f09deb050f.jpg)
18/6/2024 Rating announcement EN
Scope affirms the B+/Stable issuer rating on Forrás Nyrt.
The affirmation reflects the higher, but still volatile recurring cash income generation of the investment portfolio, while limited scale and lack of medium-term visibility on investment strategy constrain the rating.
![Scope downgrades Forrás Nyrt.’s issuer rating to B/Stable from B+/Negative](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_40004728980a9a7829f0cd146f8c34837a8d51447747006e4cb7037f952d09ba.jpg)
27/6/2022 Rating announcement EN
Scope downgrades Forrás Nyrt.’s issuer rating to B/Stable from B+/Negative
The downgrade is driven by the weaker financial risk profile as delayed acquisitions resulted in a slower-than-anticipated build-up of recurring cash income, with total cost coverage ratio dropping below par.
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