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![Scope downgrades Masterplast Nyrt. issuer rating to B/Negative from B+/UR for a possible downgrade](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_8118c8469e8b0e53b7da45104de87b1be76822a8c3e1d7bb66fa699fcf790c68.jpg)
28/2/2024 Rating announcement EN
Scope downgrades Masterplast Nyrt. issuer rating to B/Negative from B+/UR for a possible downgrade
The rating action highlights Masterplast's reliance on renewing short-term bank loans against a backdrop of reduced demand and difficult economic conditions, despite improved operational stabilisation through effective cost-saving measures.
![Scope affirms BB-/Stable issuer rating on Masterplast Nyrt.](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_6fbe35ca88022df93ce1e866b0b28f746f63288f7cf5b4cd5ea60bf6292a6fad.jpg)
15/7/2022 Rating announcement EN
Scope affirms BB-/Stable issuer rating on Masterplast Nyrt.
Scope forecasts improved cash generation driven by regulatory tailwinds and the end of the capex-heavy expansion phase (2020-2022) helping to keep credit metrics under control amid a challenging environment.
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