Euler Hermes Rating GmbH » News » Rating Actions » Euler Hermes Rating removes preliminary status from Trans-Sped’s 2020/30 senior unsecured bond issuance rating (B+)

Euler Hermes Rating removes preliminary status from Trans-Sped’s 2020/30 senior unsecured bond issuance rating (B+)

On March 3rd 2020 Euler Hermes Rating has removed the preliminary status and assigned a B+ issuance rating to Trans-Sped’s 2020/30 senior unsecured bond offering with a total issuance volume of up to HUF 5bn. The rating was derived from Trans-Sped’s current issuer credit rating (Nov 13th 2019; B+), the bond’s structural ranking, reasonable creditor rights and recovery expectations of more than 50% in a hypothetical bond default scenario.

For more information on this:

> Trans-Sped Kft. Issuance Rating (Bond 2020/30)

> Trans-Sped Kft. Issuer Rating

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