.png)
.png)
.jpg)
20/5/2022 Rating announcement
Scope downgrades class A and class B notes of Elrond NPL 2017 S.r.l. - Italian NPL ABS
Scope Ratings GmbH (Scope) downgrades class A and class B notes issued by Elrond NPL 2017 S.r.l., a static cash securitisation of Italian non-performing loan receivables, following a performance review.
20/5/2022 Monitoring note
Scope has completed a monitoring review of Juno 1 S.r.l. – Italian NPL ABS
No action has been taken on class A notes issued by Juno 1 S.r.l. following the monitoring review.
20/5/2022 Monitoring note
Scope has completed a monitoring review of Maior SPV S.r.l. – Italian NPL ABS
No action has been taken on class A notes issued by Maior SPV S.r.l. following the monitoring review.
20/5/2022 Research
Egypt: current account pressures grow as rate hikes, inflation make IMF support more urgent
Egypt faces growing balance-of-payments pressures as US monetary policy tightens, leaving it more reliant on external financial help, just as the cost of food and other imports rises, a double-shock that is impacting many low- and middle-income countries.
19/5/2022 Monitoring note
Scope has completed a monitoring review of Aporti S.r.l. – Italian NPL ABS
No action has been taken on class A notes issued by Aporti S.r.l. following the monitoring review.
18/5/2022 Rating announcement
Scope assigns BBB+ to the Class A1 Guaranteed securities issued by Virtuo Finance SARL
Scope Ratings has today assigned a final BBB+ rating to the USD 84.5m Class A1 Guaranteed securities issued by Virtuo Finance SARL maturing in March 2041. The bonds are intended to refinance the existing debt of a brownfield Egyptian photovoltaic plant.
18/5/2022 Monitoring note
Scope has completed a monitoring review of Ibla S.r.l. – Italian NPL ABS
No action has been taken on class A and class B notes issued by Ibla S.r.l. following the monitoring review.
18/5/2022 Monitoring note
Scope has completed a monitoring review for Prunelli Issuer I S.a.r.l. compartment 2020-1
No rating action has been taken following the monitoring review.
18/5/2022 Research
Scope analysis reveals European banks can cope with significant credit deterioration
Takeaways from profitability and capital calculations conducted by Scope on 50 large European banks in its rated universe show that 44 institutions will remain profitable even if they had to triple their credit provisions.
17/5/2022 Monitoring note
No rating action on FCT Bpifrance SME 2020-1 following extension of the replenishment period
Scope announces that the extension of the revolving period, along with certain amendments to the transaction documents will not, in and of themselves, result in a rating action or withdrawal of the current ratings.