Scope Ratings has affirmed AutoWallis Plc’s B+ credit rating score. The independent institute affirmed its rating of the automotive company registered on the Hungarian stock exchange with a stable outlook, despite the number of factors that cause uncertainty in the global economic outlook.
Scope Ratings GmbH has once again this year reviewed the rating first assigned AutoWallis Plc. in 2019, leaving the rating unchanged (B+) with a stable outlook, while the rating on the bonds issued by the company also remained at B+. This means AutoWallis, listed in the Premium category of the Budapest Stock Exchange, continues to meet the conditions of the Growth Credit Programme (NKP) launched by the National Bank of Hungary.
The detailed report of Scope Ratings: https://scoperatings.com/ratings-and-research/rating/EN/171702