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.
24/1/2022 Rating announcement EN
Scope assigns B+ rating to senior unsecured guaranteed bond issued by Global Refuse Holding
The rating is based on the Hungarian municipal waste management company’s issuer rating of B+/Stable and the guaranteed nature of the senior unsecured bond.