Announcements

    Drinks

      Updated analytical report on Eviny AS

      29/11/2022 Monitoring note

      Updated analytical report on Eviny AS

      Following the recent market developments, Scope has updated its analytical report on Eviny AS.

      South Africa BB+ ratings constrained by high debt burden, moderate growth potential

      29/11/2022 Research

      South Africa BB+ ratings constrained by high debt burden, moderate growth potential

      South Africa faces economic headwinds around growth, still-elevated inflation and a high and rising debt burden. Scope Ratings recently published BB+ ratings for South Africa – the rating agency’s first public sovereign rating in Africa.

      Scope affirms at AAA/Stable the Austrian mortgage-covered bonds issued by Bank Burgenland

      28/11/2022 Rating announcement

      Scope affirms at AAA/Stable the Austrian mortgage-covered bonds issued by Bank Burgenland

      The rating reflects strong support from the cover pool. Credit risks stemming from the mixed cover pool in combination with asset-liability mismatches drive the level of rating-supporting OC. High stakeholder cohesiveness increases the rating floor.

      Scope affirms class A of BBVA RMBS 20, FT following calculation error correction - Spain RMBS

      28/11/2022 Rating announcement

      Scope affirms class A of BBVA RMBS 20, FT following calculation error correction - Spain RMBS

      Scope Ratings GmbH (Scope) has reviewed the performance of BBVA RMBS 20, FT and has taken the following rating actions following a calculation error correction:

      Scope affirms class A and B of BBVA RMBS 21, FT following calculation error correction - Spain RMBS

      28/11/2022 Rating announcement

      Scope affirms class A and B of BBVA RMBS 21, FT following calculation error correction - Spain RMBS

      Scope Ratings GmbH (Scope) has reviewed the performance of BBVA RMBS 21, FT and has taken the following rating actions following a calculation error correction.

      Scope assigns AAA(SF) to Series 10-2022 Class A of IBL’s Marzio Finance S.r.l. – Italian CQS ABS

      28/11/2022 Rating announcement

      Scope assigns AAA(SF) to Series 10-2022 Class A of IBL’s Marzio Finance S.r.l. – Italian CQS ABS

      Scope Ratings GmbH (Scope) has assigned a final rating to the Series 10-2022 Class A notes issued by Marzio Finance S.r.l., a static cash securitisation of a EUR 269.4m portfolio of payroll-deductible loans extended by IBL Banca to individuals in Italy.

      Scope has completed a monitoring review of EFL Lease ABS 2017-1 DAC - SME Auto & Equipment leasing

      28/11/2022 Monitoring note

      Scope has completed a monitoring review of EFL Lease ABS 2017-1 DAC - SME Auto & Equipment leasing

      No action has been taken following the monitoring review.

      Scope upgrades SKL AS’ issuer rating to BBB+/Stable

      28/11/2022 Rating announcement

      Scope upgrades SKL AS’ issuer rating to BBB+/Stable

      Higher expected power prices create excess cash and conservative credit metrics, despite the impending increase in tax payments.

      Scope takes no action on the People’s Republic of China

      25/11/2022 Monitoring note

      Scope takes no action on the People’s Republic of China

      Monitoring review announcement

      Scope affirms the Netherlands' credit ratings at AAA with Stable
Outlook

      25/11/2022 Rating announcement

      Scope affirms the Netherlands' credit ratings at AAA with Stable Outlook

      Ratings are supported by a wealthy, diversified economy, moderate public debt and strong external position. High private-sector indebtedness, exposure to global shocks and labour-market duality represent credit challenges.