Announcements
Drinks
Instrument data
Senority
Senior Secured
Currency
EUR
ISIN
DE000A2YPAK1
Coupon percent
5%
Coupon type
Fixed
Instrument volume
600,000,000
Maturity date
31/12/2027
-
B
Outlook:
None
B
Outlook:
None
Latest change
New
19/12/2024
General information
Rating
Public
Solicited
With issuer participation
UK endorsed
EU Rated
Philipp Wass
Lead analyst
Sebastian Zank
Committee chair
19/12/2024 Rating announcement EN
Scope assigns first-time issuer rating of B-/Positive to DEMIRE
The rating is supported by the recent bond restructuring, which provides time to continue with the divestment plan to reduce leverage and stabilise the capital structure. The rating is constrained by ongoing refinancing risk.
Date | Title |
---|