Announcements
Drinks
![Scope affirms Globe Trade Centre’s BBB- issuer rating and revises Outlook to Negative](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_8ae52ca6b6a142351e02e0b24b8a6e2e41dcdbd570d63f97019988ddaeddd294.jpg)
10/6/2024 Rating announcement EN
Scope affirms Globe Trade Centre’s BBB- issuer rating and revises Outlook to Negative
The Outlook change is driven by credit metrics that are on the verge of deteriorating to levels that are not commensurate with the rating, coupled with increased refinancing risk related to the 2026 bond, which is being addressed by deleveraging efforts.
![Scope assigns initial issuer rating of BBB-/Stable to Globe Trade Centre](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_1ffb777761bc4970dbd709d94eceace02e6f53f672dc9e54c41fc7e71254a1b5.jpg)
12/11/2020 Rating announcement EN
Scope assigns initial issuer rating of BBB-/Stable to Globe Trade Centre
The rating is driven by GTC's market positioning in CEE and SEE. The company's well located, relatively young property portfolio helps to attract blue-chip tenants, keeping occupancy high and supporting stable cash flow and credit metrics.
Date | Title |
---|