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      Instrument data
      Issuer
      Global Refuse Holding Zrt.
      Currency
      HUF
      ISIN
      HU0000361316
      Coupon percent
      5.1%
      Coupon type
      Fixed
      Instrument volume
      3,500,000,000
      -
      BB Outlook: None
      BB Outlook: None
      Latest change
      Upgrade
      24/01/2023
      General information
      Rating
      Public
      Solicited
      With issuer participation
      UK endorsed
      EU Rated
      Charitha Gamage Lead analyst
      Olaf Tölke Committee chair
      Scope upgrades Global Refuse Holding’s issuer rating to BB-/Stable from B+/Stable

      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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      Scope assigns B+ rating to senior unsecured guaranteed bond issued by Global Refuse Holding

      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.

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      Date Title