Announcements

    Drinks

      Scope upgrades Bulgaria's credit ratings to A- and revises the Outlook to Stable

      11/7/2025 Rating announcement EN

      Scope upgrades Bulgaria's credit ratings to A- and revises the Outlook to Stable

      Euro area accession effective 1 January 2026 drives the upgrade. Institutional weaknesses and recurrent episodes of political instability, demographic pressures and vulnerability to shocks as a small, open economy remain key credit constraints.

      Scope has completed a monitoring review for Romania

      11/7/2025 Monitoring note EN

      Scope has completed a monitoring review for Romania

      The periodic review has resulted in no rating action.

      Scope affirms Michelin’s issuer rating at A/Stable

      11/7/2025 Rating announcement EN

      Scope affirms Michelin’s issuer rating at A/Stable

      The affirmation reflects a solid business risk profile coupled with very strong and further improving credit metrics. Ratings upside is deemed limited for the time being due to potential usage of financial headroom.

      No rating impact on 2Worlds rated notes after special servicer replacement – Italian NPL

      11/7/2025 Monitoring note EN

      No rating impact on 2Worlds rated notes after special servicer replacement – Italian NPL

      Scope Ratings GmbH (Scope) announces that the special servicer's replacement does not, in and of itself, result in a Rating Action or withdrawal of the current rating of the class A notes issued by 2Worlds S.r.l.

      Scope assigns first-time rating of B-/Stable to Maltese investment holding company Samara

      11/7/2025 Rating announcement EN

      Scope assigns first-time rating of B-/Stable to Maltese investment holding company Samara

      Portfolio diversification and moderate leverage support the rating. The lack of recurring income and the investment strategy are constraints.

      Scope affirms Danske Mortgage Bank PLCs Finnish mortgage covered bonds rating at AAA, Stable Outlook

      8/7/2025 Rating announcement EN

      Scope affirms Danske Mortgage Bank PLCs Finnish mortgage covered bonds rating at AAA, Stable Outlook

      The rating on Danske Mortgage Bank PLC’s Finnish mortgage covered bonds (Katettu joukkolaina) reflects the issuer's A+/Positive rating enhanced by four notches from governance support. Another four notches provide a buffer against an issuer downgrade.

      Scope has completed the periodic review of Series 2022-308 notes issued by SPIRE SA

      8/7/2025 Monitoring note EN

      Scope has completed the periodic review of Series 2022-308 notes issued by SPIRE SA

      This publication does not constitute a rating action.

      Scope places LANXESS’ ratings under review for a possible upgrade following methodology update

      7/7/2025 Rating announcement EN

      Scope places LANXESS’ ratings under review for a possible upgrade following methodology update

      The rating action follows the publication of Scope’s updated Chemicals Rating Methodology which could have a positive rating impact.

      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 has completed a monitoring review for Landwirtschaftliche Rentenbank

      7/7/2025 Monitoring note EN

      Scope has completed a monitoring review for Landwirtschaftliche Rentenbank

      The periodic review has resulted in no rating action.