Announcements
Drinks
Instrument data
Issuer
Senority
Senior Unsecured
Currency
GEL
ISIN
GE2700604376
Coupon percent
3.5%
Coupon type
Floating: Fixed Margin over Index
Instrument volume
20,000,000
Maturity date
16/12/2025
-
BB-
Outlook:
BB-
Latest change
Review
26/02/2025
General information
Rating
Public
Solicited
With issuer participation
UK endorsed
EU Rated
Claudia Aquino
Lead analyst
Thomas Faeh
Committee chair

17/9/2024 Rating announcement EN
Scope affirms Tegeta Motors’ BB- issuer rating and revises the Outlook to Negative from Stable
The Outlook change reflects weakening credit metrics in 2024 and a deteriorating capital structure with increased short-term exposure to capital market debt leading to recurring maturity walls.
Date | Title |
---|