BÉT Prémium kategória

EXTRAORDINARY INFORMATION - bond issuance and review of credit rating-


AutoWallis Plc. (1055 Budapest, Honvéd utca 20., hereinafter: “Issuer”) based on its publishing obligation according to 55-56. §§ of Act CXX. of 2001 on capital market and the 24/2008. (VIII. 15) PM Decree hereby informs financial and capital market actors of the below details.

Issuer has accepted the Information Memorandum, on the basis of which it intends to issue amortising bonds with a total nominal value of HUF 6,000,000,000, a 10-year term and a fixed interest rate of 3%, under the Bond Funding for Growth Scheme announced by the Central Bank of Hungary.

The Scope Ratings GmbH, as a credit rating agency established in the European Union and registered with the European Securities and Markets Authority, has reviewed again the credit ratings issued to the Issuer on 18 September 2019 and reviewed on 25 November 2020, and published the results of the review of the credit ratings. The credit rating of the Issuer remains ‘B+’ and the credit rating for the Issuer’s senior unsecured debt remains ‘B+’ also. The credit rating agency has revised the outlook of the Issuer’s credit rating to stable from positive, due to the temporary excess risk of the current bond issue. 

The credit rating is available on the credit rating agency’s website at the following link: https://www.scoperatings.com/#search/research/detail/168065EN 

Budapest, 19 July 2021
AutoWallis Plc.