Announcements

    Drinks

      Instrument data
      Senority
      Senior Unsecured
      Currency
      EUR
      ISIN
      XS1713462668
      Coupon percent
      2.7%
      Coupon type
      Fixed:Plain Vanilla Fixed Coupon
      Instrument volume
      750,000,000
      Maturity date
      15/06/2028
      -
      BBB+ Outlook: Stable
      BBB+ Outlook: Stable
      Latest change
      Affirmed
      26/05/2023
      General information
      Rating
      Public
      Unsolicited
      With no issuer participation
      UK endorsed
      EU Rated
      Julian Zimmermann Lead analyst
      Dr. Giacomo Barisone Committee chair
      Scope affirms Croatia's credit ratings at BBB+ with Stable Outlook

      26/5/2023 Rating announcement EN

      Scope affirms Croatia's credit ratings at BBB+ with Stable Outlook

      Euro area membership since 2023, favourable public debt trajectory and sound structural reform momentum support the ratings. High public debt levels, modest growth potential and limited economic diversification remain rating challenges.

      Scope upgrades the Republic of Croatia's credit ratings to BBB+; Outlooks revised to Stable

      15/7/2022 Rating announcement EN

      Scope upgrades the Republic of Croatia's credit ratings to BBB+; Outlooks revised to Stable

      Euro area accession from 1 January 2023 drives the upgrade. Credit challenges are high public debt, modest potential growth and external vulnerabilities.

      Scope affirms Croatia’s credit rating at BBB- and revises Outlook to Positive

      28/1/2022 Rating announcement EN

      Scope affirms Croatia’s credit rating at BBB- and revises Outlook to Positive

      Substantial euro-area accession reforms drive the Outlook change. Elevated public debt, external vulnerabilities, and low growth potential remain credit challenges.

      Scope upgrades Croatia’s long-term credit rating to BBB- from BB+, and assigns a Stable Outlook

      28/6/2019 Rating announcement EN

      Scope upgrades Croatia’s long-term credit rating to BBB- from BB+, and assigns a Stable Outlook

      Improvements in Croatia’s fiscal performance and budgetary framework alongside strengthened external buffers drive the upgrade. High public debt and foreign-currency exposure, low potential growth and institutional weaknesses remain constraints.

      Date Title