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      Instrument data
      Issuer
      Elixir Group d.o.o.
      Senority
      Senior Unsecured
      Currency
      RSD
      Instrument volume
      4,100,000,000
      Maturity date
      28/02/2030
      -
      BB+ Outlook: None
      BB+ Outlook: None
      Latest change
      New
      29/01/2025
      General information
      Rating
      Public
      Solicited
      With issuer participation
      UK endorsed
      EU Rated
      Sebastian Zank Lead analyst
      Philipp Wass Committee chair
      Scope assigns first-time rating to Serbia’s chemicals company Elixir Group

      29/1/2025 Rating announcement EN

      Scope assigns first-time rating to Serbia’s chemicals company Elixir Group

      The rating is driven by Elixir's robust position in the production of fertilisers and phosphoric acid, and Scope's expectations for gradual improvements in the company's margin profile and credit metrics during the current investment phase.

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