Announcements

    Drinks

      Scope affirms Finland's credit rating at AA+ with a Stable Outlook

      22/9/2023 Rating announcement

      Scope affirms Finland's credit rating at AA+ with a Stable Outlook

      Finland's wealthy economy, high government debt affordability and effective institutions are credit strengths. A moderate growth potential, rising fiscal pressures and exposure to financial stability risks are challenges.

      Scope assigns City of Trondheim first-time issuer rating of AAA with Stable Outlook

      22/9/2023 Rating announcement

      Scope assigns City of Trondheim first-time issuer rating of AAA with Stable Outlook

      Strong budgetary performance, ample liquidity, a sustainable economy and a well-integrated institutional framework support the rating. A high debt stock, limited revenue flexibility and limited expenditure flexibility are challenges.

      Scope Ratings’ macroeconomic forecasts now available on Macrobond and LSEG Eikon

      22/9/2023 Research

      Scope Ratings’ macroeconomic forecasts now available on Macrobond and LSEG Eikon

      The presence on Macrobond and Eikon improves investor access to Scope’s economic forecasts for 40 countries, including EU member states, the United States, China, Japan and the UK. Scope has also joined the Reuters consensus forecasting group.

      Scope has completed a monitoring review for MFO Rico Express LLC

      21/9/2023 Monitoring note

      Scope has completed a monitoring review for MFO Rico Express LLC

      The periodic review has resulted in no rating action.

      French banks quarterly: sobering times

      21/9/2023 Research

      French banks quarterly: sobering times

      Net interest margins in domestic retail banking are being squeezed but net income will remain in an acceptable range for 2023, thanks to low cost of risk, solid contributions from other business lines and limited growth in expenses.

      Italian NPL collections: July volumes down 11% over June

      21/9/2023 Research

      Italian NPL collections: July volumes down 11% over June

      Italian NPL collections fell 11% month over month and were 22% and 15% lower than those registered in July 2022 and 2021. Low volumes partly reflect seasonality effects but also the relatively muted activity already observed in the first half of the year.

      Webinar: European real estate: is the worst over for the corporate credit outlook?

      21/9/2023 Research

      Webinar: European real estate: is the worst over for the corporate credit outlook?

      Wednesday, October 11th 2023 - 3:00 PM (CEST)

      Scope places Alfa Equity Holding Kft‘s B+ issuer rating under review for possible downgrade

      20/9/2023 Rating announcement

      Scope places Alfa Equity Holding Kft‘s B+ issuer rating under review for possible downgrade

      The rating action reflects the lack of clarity caused by the delayed publication of the audited financial statements for 2022 and the issuer’s limited transparency, as well as concerns about liquidity.

      Scope affirms Marso’s BB- rating and revises Outlook to Negative from Stable

      20/9/2023 Rating announcement

      Scope affirms Marso’s BB- rating and revises Outlook to Negative from Stable

      The changed Outlook reflects Scope’s view that current market trends and strong competition, which put pressure on profitability, will hinder the timely recovery of Marso’s credit metrics.

      Bayer is in the market with new hybrid bond

      20/9/2023 Research

      Bayer is in the market with new hybrid bond

      Bayer AG is in the market with a dual-tranche euro-denominated hybrid bond, having mandated lead underwriters to arrange investor calls yesterday.