Announcements

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      BB- Outlook: None
      BB- Outlook: None
      Latest change
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      06/01/2023
      General information
      Rating
      Public
      Solicited
      With issuer participation
      UK endorsed
      EU Rated
      Jacques de Greling Lead analyst
      Philipp Wass Committee chair
      Scope upgrades 4iG’s issuer rating to BB-/Stable

      6/1/2023 Rating announcement EN

      Scope upgrades 4iG’s issuer rating to BB-/Stable

      The upgrade reflects improved competitive positioning with the acquisition of Vodafone Hungary, and slightly improved credit metrics. The rating is still constrained by execution and integration risks due to numerous acquisitions in the telecoms industry

      Scope places 4iG's B+ issuer rating under review for possible upgrade

      9/11/2022 Rating announcement EN

      Scope places 4iG's B+ issuer rating under review for possible upgrade

      The rating action reflects the recently announced transaction that upon completion will likely improve 4iG’s business and financial risk profiles

      Scope downgrades 4iG's issuer rating to B+/Stable

      2/12/2021 Rating announcement EN

      Scope downgrades 4iG's issuer rating to B+/Stable

      The rating action reflects weakened credit metrics and heightened execution and integration risk from large, mainly debt-funded acquisitions, which outweigh the positive impact on 4iG's business risk profile from the significant growth being pursued.

      Scope changes 4iG's rating under review direction to possible downgrade from developing outcome

      24/9/2021 Rating announcement EN

      Scope changes 4iG's rating under review direction to possible downgrade from developing outcome

      The rating action reflects heightened execution and integration risk given large and more numerous potential acquisitions as well as 4iG’s still-limited exposure to telecom services.

      Scope changes 4iG's rating under review direction to developing outcome from possible upgrade

      25/6/2021 Rating announcement EN

      Scope changes 4iG's rating under review direction to developing outcome from possible upgrade

      The rating action reflects the potential impact of the announced non-binding agreements to acquire shares in DIGI and Space-Communication, which upon completion are likely to improve 4iG’s business risk profile but weaken its financial risk profile.

      Scope places 4iG's BB- issuer rating under review for possible upgrade

      4/3/2021 Rating announcement EN

      Scope places 4iG's BB- issuer rating under review for possible upgrade

      The rating action reflects the positive impact of the recently announced preliminary agreement to acquire shares in Hungaro DigiTel, which upon completion is likely to improve 4iG’s business and financial risk profiles.

      Date Title