Announcements
Drinks
10/4/2024 Research EN
Germany’s auto parts sector: defaults point to consolidation in cyclical downturn rather than crisis
Multiple bankruptcies in Germany’s automotive parts sector since mid-2023 are less a sign of a sector-wide crisis than the impact of a cyclical downturn and tight credit conditions on suppliers with financial and commercial weaknesses.
5/4/2024 Research EN
Scope publishes final rating methodology for Pharmaceutical Companies’ Rating Methodology
The methodology is now final following a call-for-comments period and will apply to all issuer and debt ratings of corporates in the sector. The application of the updated methodology will not trigger any rating changes.
28/3/2024 Research EN
Scope publishes final rating methodology for European Real Estate Rating Methodology
The methodology is now final following a call-for-comments period and will apply to all issuer and debt ratings of European real estate corporates. The methodology might have a limited negative impact on outstanding ratings of one issuer.
22/3/2024 Research EN
Financing fibre: France’s lead over Austria, Germany and Italy points to hidden project risks
Long-term stable cashflows promised by infrastructure projects are increasingly attracting institutional investors, but not all projects are created equal. Fibre networks, one of the newest infrastructure asset classes in Europe, are a case in point.
13/3/2024 Research EN
Bayer proceeds with caution over restructuring: timing is crucial in any refocus on pharma
Bayer AG’s caution over a possibly far-reaching restructuring of its pharmaceutical and crop-science activities is frustrating shareholders but is understandable given the high stakes involved in restoring the company’s investment case.