Announcements
Drinks
8/3/2024 Rating announcement EN
Scope withdraws Alfa Equity Holding Kft.’s credit rating due to insufficient information
The withdrawal reflects continued uncertainty about the future of the partially finished HA11ER 1 development and an unpredictable business strategy. Due to nonreliable, insufficient, and inaccurate information, the agency is unable to uphold its rating.
11/12/2023 Rating announcement EN
Scope downgrades Alfa Equity Holding’s issuer rating to B- under review for developing outcome
Scope also withdraws Alfa Equity Holding's senior unsecured debt rating. The downgrade reflects the deterioration in credit metrics, unfavourable macroeconomic trends, and potential liquidity concerns regarding the HA11ER 1 development.
20/9/2023 Rating announcement EN
Scope places Alfa Equity Holding Kft‘s B+ issuer rating under review for possible downgrade
The rating action reflects the lack of clarity caused by the delayed publication of the audited financial statements for 2022 and the issuer’s limited transparency, as well as concerns about liquidity.
26/9/2022 Rating announcement EN
Scope affirms its B+/Stable issuer rating on Alfa Equity Holding Kft.
The affirmation reflects Alfa Equity Holdings' stable operating performance, improved occupancy and successful completion of the 2913 Uptown development and the Alfa Hub Business 11 expansion, as well as moderate financial leverage.
21/10/2021 Rating announcement EN
Scope assigns first-time issuer rating of B+/Stable to Alfa Equity Holding Kft.
The rating reflects Alfa Equity Holdings' diverse portfolio of commercial properties with good occupancy, providing a recurring income stream. The company's small size and relatively short WAULT are the main constraints.