In its recent rating report, Scope Ratings GmbH affirms the BB+/Stable issuer rating on Pannonia Bio as well as the BBB senior secured debt rating. Scope upgraded the senior unsecured debt (including the existing bond issued under the Hungarian National Bank’s Bond Funding for Growth Scheme and its further prospective bonds) rating from BB+ to BBB-.
Scope’s rating report is available at https://www.scoperatings.com/#!search/research/detail/164235EN.