Announcements

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      Scope affirms and withdraws the BB-/Stable issuer rating on Global Refuse Holding

      16/10/2025 Rating announcement

      Scope affirms and withdraws the BB-/Stable issuer rating on Global Refuse Holding

      The affirmation reflects the assessment of an overall credit-neutral rating impact of the divestment of the industrial waste management segment, based on information available at this stage. The issuer rating has been withdrawn due to business reasons.

      Scope affirms Alteo Circular’s issuer rating at BB- with Negative Outlook

      16/10/2025 Rating announcement

      Scope affirms Alteo Circular’s issuer rating at BB- with Negative Outlook

      The Negative Outlook reflects the risk of continued weaker credit metrics due to deteriorating operating profitability amid sluggish end-market demand.

      Norwegian savings banks: equity capital structure proposals will have limited credit implications

      16/10/2025 Research

      Norwegian savings banks: equity capital structure proposals will have limited credit implications

      Less dilution of equity capital certificates issued at a discount to book value would support savings banks’ credit profiles, but maintaining the cap on ECC holder representation on supervisory boards could have negative implications.

      Scope affirms Abroncs Kereskedőház Kft.’s BB- rating and revises the Outlook to Stable from Negative

      15/10/2025 Rating announcement

      Scope affirms Abroncs Kereskedőház Kft.’s BB- rating and revises the Outlook to Stable from Negative

      The Outlook change reflects improving credit metrics in 2024 and Scope’s expectation that the continued stable performance will support credit metrics remaining within the rating case.

      Scope has completed the periodic review of Asti Group RMBS IV S.r.l. – Italian RMBS

      15/10/2025 Monitoring note

      Scope has completed the periodic review of Asti Group RMBS IV S.r.l. – Italian RMBS

      This publication does not constitute a rating action.

      Scope upgrades class A notes issued by Olympia SPV S.r.l. - Italian NPL ABS

      15/10/2025 Rating announcement

      Scope upgrades class A notes issued by Olympia SPV S.r.l. - Italian NPL ABS

      The underlying portfolio of secured and unsecured NPL loans was sold by Unicredit S.p.A. and is serviced by doValue S.p.A. as special servicer and doNext S.p.A. as master servicer.

      Spain’s renewable energy push risks running into reliability, pricing, investment obstacles

      15/10/2025 Research

      Spain’s renewable energy push risks running into reliability, pricing, investment obstacles

      Spain needs to encourage more investment in its electricity grid and storage capacity by allowing utilities to earn higher returns while ensuring growing volumes of renewable energy do not distort market pricing.

      Scope has completed the periodic review of Shelby Real Estate Funding Limited - UK CRE loans

      14/10/2025 Monitoring note

      Scope has completed the periodic review of Shelby Real Estate Funding Limited - UK CRE loans

      This publication does not constitute a rating action.

      Class A notes issued by BBVA Consumo 10 FT paid in full – Spanish Consumer ABS

      14/10/2025 Monitoring note

      Class A notes issued by BBVA Consumo 10 FT paid in full – Spanish Consumer ABS

      Class A notes have been fully redeemed.

      Scope upgrades the fixed rate notes issued by Solis Real Assets Luxemburg - Compartment I

      13/10/2025 Rating announcement

      Scope upgrades the fixed rate notes issued by Solis Real Assets Luxemburg - Compartment I

      The transaction is a cash securitisation backed by bicycle leases originated by Lesora GmbH and granted to SMEs in Germany.