Announcements

    Drinks

      Scope has updated its analytical report on Arva AS
      WEDNESDAY, 15/05/2024 - Scope Ratings GmbH
      Download PDF

      Scope has updated its analytical report on Arva AS

      Monitoring review announcement.

      Following the recent affirmation of the issuer rating at BBB+/Stable, Scope has updated its analytical report on Arva AS.

      The issuer rating affirmation is based on the company’s unchanged business risk and financial risk profiles, reflecting the sole exposure to regulated power distribution in northern Norway and Scope’s view that leverage (Scope-adjusted debt/EBITDA) will increase to around 6.0x in the next years due to high capex and continued dividend payments.

      This monitoring note does not constitute a credit rating action, nor does it indicate the likelihood that Scope will conduct a credit rating action in the short term. Information about the latest credit rating action connected with this monitoring note along with the associated rating history can be found on www.scoperatings.com.

      Click here to access the full report.
       

      Related news

      Show all
      Scope downgrades Nitrogénművek to B- and maintains Under Review status for a possible downgrade

      21/6/2024 Rating announcement

      Scope downgrades Nitrogénművek to B- and maintains Under ...

      Scope affirms B+/Stable rating of Pannon-Work Zrt.

      20/6/2024 Rating announcement

      Scope affirms B+/Stable rating of Pannon-Work Zrt.

      Scope affirms AEI’s issuer rating at B+ and maintains Negative Outlook.

      19/6/2024 Rating announcement

      Scope affirms AEI’s issuer rating at B+ and maintains ...

      Global economic update: soft landing reinforces prospect of higher-for-longer interest rates

      19/6/2024 Research

      Global economic update: soft landing reinforces prospect of ...

      Scope affirms Tine’s A-/Stable issuer rating

      19/6/2024 Rating announcement

      Scope affirms Tine’s A-/Stable issuer rating

      Scope affirms the B+/Stable issuer rating on Forrás Nyrt.

      18/6/2024 Rating announcement

      Scope affirms the B+/Stable issuer rating on Forrás Nyrt.