
16/10/2025 Rating announcement
Scope affirms and withdraws the BB-/Stable issuer rating on Global Refuse Holding
The affirmation reflects the assessment of an overall credit-neutral rating impact of the divestment of the industrial waste management segment, based on information available at this stage. The issuer rating has been withdrawn due to business reasons.

16/10/2025 Rating announcement
Scope affirms Alteo Circular’s issuer rating at BB- with Negative Outlook
The Negative Outlook reflects the risk of continued weaker credit metrics due to deteriorating operating profitability amid sluggish end-market demand.

16/10/2025 Research
Norwegian savings banks: equity capital structure proposals will have limited credit implications
Less dilution of equity capital certificates issued at a discount to book value would support savings banks’ credit profiles, but maintaining the cap on ECC holder representation on supervisory boards could have negative implications.

15/10/2025 Rating announcement
Scope affirms Abroncs Kereskedőház Kft.’s BB- rating and revises the Outlook to Stable from Negative
The Outlook change reflects improving credit metrics in 2024 and Scope’s expectation that the continued stable performance will support credit metrics remaining within the rating case.

15/10/2025 Monitoring note
Scope has completed the periodic review of Asti Group RMBS IV S.r.l. – Italian RMBS
This publication does not constitute a rating action.

15/10/2025 Rating announcement
Scope upgrades class A notes issued by Olympia SPV S.r.l. - Italian NPL ABS
The underlying portfolio of secured and unsecured NPL loans was sold by Unicredit S.p.A. and is serviced by doValue S.p.A. as special servicer and doNext S.p.A. as master servicer.

15/10/2025 Research
Spain’s renewable energy push risks running into reliability, pricing, investment obstacles
Spain needs to encourage more investment in its electricity grid and storage capacity by allowing utilities to earn higher returns while ensuring growing volumes of renewable energy do not distort market pricing.

14/10/2025 Monitoring note
Scope has completed the periodic review of Shelby Real Estate Funding Limited - UK CRE loans
This publication does not constitute a rating action.

14/10/2025 Monitoring note
Class A notes issued by BBVA Consumo 10 FT paid in full – Spanish Consumer ABS
Class A notes have been fully redeemed.