At the same time, the credit rating agency improved the debt rating of 4iG's already issued bonds to "BB-" (with a "stable" outlook) from "B+" (with a "positive" outlook).
The upgrade reflects the improved competitive position, business profile, effectiveness, and improved credit indicators with the acquisition of Vodafone Hungary, which has a significant share of the Hungarian mobile market.
Check out our article published yesterday for more information on the acquisition.
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