Announcements

    Drinks

      Scope affirms BB+/Stable issuer rating of German Bikelasing company BLS Beteiligungs GmbH

      7/7/2025 Rating announcement EN

      Scope affirms BB+/Stable issuer rating of German Bikelasing company BLS Beteiligungs GmbH

      The affirmation reflects a balanced view of the company’s business fundamentals and financial resilience, despite some structural limitations in its operating model.

      Scope affirms the BB+/Stable issuer rating of BLS Beteiligungs GmbH

      10/7/2024 Rating announcement EN

      Scope affirms the BB+/Stable issuer rating of BLS Beteiligungs GmbH

      High growth, protected market position as well as low leverage support the rating. Low diversification, regulatory risk and changing financial policy are constraints.

      Scope assigns BB+/Stable issuer rating to BLS Beteiligungs GmbH

      26/6/2023 Rating announcement EN

      Scope assigns BB+/Stable issuer rating to BLS Beteiligungs GmbH

      The rating reflects BLS’ good position in the rapidly expanding German bike leasing market and its good cash generation. It also reflects challenges around increasing financing requirements and safeguarding product availability.