Announcements

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      Instrument data
      Senority
      Subordinated Unsecured
      Currency
      SEK
      ISIN
      SE0016101638
      Coupon type
      Floating
      Instrument volume
      500,000,000
      -
      C Outlook: None
      C Outlook: None
      Latest change
      Downgrade
      11/09/2023
      General information
      Rating
      Public
      Solicited
      With issuer participation
      UK endorsed
      EU Rated
      Thomas Faeh Lead analyst
      Olaf Tölke Committee chair
      Scope downgrades Ilija Batljan Invest to CCC/Negative from BB+/under review for possible downgrade

      11/9/2023 Rating announcement EN

      Scope downgrades Ilija Batljan Invest to CCC/Negative from BB+/under review for possible downgrade

      Ilija Batljan Invest’s portfolio’s significantly reduced market values coupled with liquidity and governance concerns drive the downgrade, which concludes a period of the ratings being under review.

      Scope downgrades Ilija Batljan Invest AB’s debt ratings, places ratings under review for downgrade*

      7/6/2023 Rating announcement EN

      Scope downgrades Ilija Batljan Invest AB’s debt ratings, places ratings under review for downgrade*

      The under-review status is driven by the strategic review pursued by the issuer’s core holding, SBB. Uncertainties bound to the strategic review have also led to weaker recovery expectations, prompting Scope to downgrade all issue ratings.

      Scope affirms Ilija Batljan Invest AB’s BB+ issuer rating; changes Outlook to Negative from Stable

      15/5/2023 Rating announcement EN

      Scope affirms Ilija Batljan Invest AB’s BB+ issuer rating; changes Outlook to Negative from Stable

      Ilija Batljan Invest's dominant core holding SBB i Norden has proposed a postponement of dividends, increasing uncertainty for the company as total cost coverage temporarily falls below 1x.

      Scope downgrades Ilija Batljan Invest AB to BB+/Stable from BBB-/Stable

      4/5/2023 Rating announcement EN

      Scope downgrades Ilija Batljan Invest AB to BB+/Stable from BBB-/Stable

      Ilija Batljan Invest's deteriorated total cost coverage and increase in leverage, which Scope does not expect to recover in the short-to-medium term, drive the downgrade.

      Scope affirm's Ilija Batljan Invest AB's issuer rating at BBB-/Stable

      4/5/2022 Rating announcement EN

      Scope affirm's Ilija Batljan Invest AB's issuer rating at BBB-/Stable

      The affirmation is driven by IB Invest's continued high total cost coverage and the good liquidity of its assets. A volatile loan/value ratio and modest diversification hold the rating back.

      Scope rates Ilija Batljan Invest subordinated (hybrid) notes at BB

      17/6/2021 Rating announcement EN

      Scope rates Ilija Batljan Invest subordinated (hybrid) notes at BB

      The rating is based on the investment holding's BBB-/stable issuer rating and the deep subordination and the hybrid characteristics of the instrument.

      Scope assigns instrument rating of (P)BB to subordinated (hybrid) notes of Ilija Batljan Invest AB

      1/6/2021 Rating announcement EN

      Scope assigns instrument rating of (P)BB to subordinated (hybrid) notes of Ilija Batljan Invest AB

      The rating is based on the investment holding's BBB-/stable issuer rating and the deep subordination and the hybrid characteristics of the instrument.

      Date Title