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![Scope affirms the BB- issuer rating of Global Refuse Holding and revises the Outlook to Positive](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_4b860c6e35978a0fb6c9b7c652ecc6b54d549bb47988b23d808167515fcf4ccd.jpg)
24/1/2024 Rating announcement EN
Scope affirms the BB- issuer rating of Global Refuse Holding and revises the Outlook to Positive
The Outlook change reflects Scope’s expectations of improving transparency on long-term MOHU subcontractor status and audited consolidated accounts, while maintaining a strong financial risk profile.
![Scope upgrades Global Refuse Holding’s issuer rating to BB-/Stable from B+/Stable](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_e1ff5b5ce672e2e4829ffb5331f546d336858faa32aa0b433bddfa05119ec5db.jpg)
24/1/2023 Rating announcement EN
Scope upgrades Global Refuse Holding’s issuer rating to BB-/Stable from B+/Stable
The upgrade is based on its improved financial risk profile amidst tough economic conditions and the well-integrated acquisition of Eltex Kft., although the limited size is still a rating constraint.
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