Announcements

    Drinks

      Scope affirms Hunland Trade’s BB-/Stable issuer rating

      17/12/2025 Rating announcement EN

      Scope affirms Hunland Trade’s BB-/Stable issuer rating

      The affirmation reflects the issuer’s ability to maintain resilient credit metrics in adverse market conditions in 2025.

      Scope rates AAA(SF) Lithuanian renovation loan notes issued by Vytis Reno Loans 2025-1 DAC

      17/12/2025 Rating announcement EN

      Scope rates AAA(SF) Lithuanian renovation loan notes issued by Vytis Reno Loans 2025-1 DAC

      The EUR 160.5m underlying portfolio of apartment renovation loans was originated to individual apartment owners by UAB ILTE.

      Scope upgrades Italian NPL Class A notes issued by Sirio SPV S.r.l.

      17/12/2025 Rating announcement EN

      Scope upgrades Italian NPL Class A notes issued by Sirio SPV S.r.l.

      The underlying portfolio is composed of secured and unsecured NPL loans.

      Scope affirms JSC Microbank MBC’s B+ issuer rating and changes Outlook to negative

      17/12/2025 Rating announcement EN

      Scope affirms JSC Microbank MBC’s B+ issuer rating and changes Outlook to negative

      Tightened capital position following strong growth is only expected to moderate in the medium term. Profitability remains supportive and currently benefits from the microbank transition.

      Scope downgrades class A notes issued by Relais SPV S.r.l. – Italian non-performing lease ABS

      17/12/2025 Rating announcement EN

      Scope downgrades class A notes issued by Relais SPV S.r.l. – Italian non-performing lease ABS

      The underlying portfolio is composed of non-performing leases originated by Unicredit Leasing S.p.A. and serviced by doValue S.p.A.

      Scope downgrades Fnac Darty to BBB- from BBB after methodology changes and assigns Stable Outlook

      16/12/2025 Rating announcement EN

      Scope downgrades Fnac Darty to BBB- from BBB after methodology changes and assigns Stable Outlook

      The rating action reflects the application of Scope’s revised definition of credit metrics for retailers with a large portion of leased assets.

      Scope downgrades class A and class B notes issued by Prisma SPV S.r.l. – Italian NPL ABS

      16/12/2025 Rating announcement EN

      Scope downgrades class A and class B notes issued by Prisma SPV S.r.l. – Italian NPL ABS

      The underlying portfolio is composed of secured and unsecured NPL loans originated by Unicredit S.p.A. and serviced by doValue S.p.A.

      2025 change in Retail and Wholesale Rating Methodology with no impact on Ceconomy’s ratings

      16/12/2025 Monitoring note EN

      2025 change in Retail and Wholesale Rating Methodology with no impact on Ceconomy’s ratings

      Revised Retail and Wholesale Rating Methodology in 2025 results in no rating impact on Ceconomy’s ratings.

      Scope downgrades class A and affirms class B notes issued by BCC NPLs 2020 S.r.l. - Italian NPL ABS

      15/12/2025 Rating announcement EN

      Scope downgrades class A and affirms class B notes issued by BCC NPLs 2020 S.r.l. - Italian NPL ABS

      The underlying portfolio of secured and unsecured NPL loans was originated by 90 Italian banks and is serviced by doValue S.p.A. and doNext S.p.A.

      Scope affirms Vöröskő’s issuer rating at BB/Stable

      12/12/2025 Rating announcement EN

      Scope affirms Vöröskő’s issuer rating at BB/Stable

      The affirmation is driven by Vöröskő’s stable EBITDA and strong cash generation, which support robust credit metrics.