Announcements

    Drinks

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

      17/12/2025 Rating announcement

      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

      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

      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

      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 publishes new CRE Loan and CMBS Rating Methodology

      16/12/2025 Research

      Scope publishes new CRE Loan and CMBS Rating Methodology

      Scope Ratings publishes its updated rating methodology for CRE securities and CMBS. All changes incorporated are non-material and affect no outstanding ratings. The proposed updates clarify and enhance the analytical approach.

      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

      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

      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.

      European Bank Outlook 2026: late-cycle headwinds put resilience to the test

      12/12/2025 Research

      European Bank Outlook 2026: late-cycle headwinds put resilience to the test

      We have a balanced base case for European banks going into 2026. Profitability is resilient, asset quality and capital buffers are solid. We have upgraded our profitability forecasts for 2026 and 2027. But several risk factors could test the outlook.

      Updated rating report on UniCredit

      12/12/2025 Monitoring note

      Updated rating report on UniCredit

      Scope Ratings has updated its rating report on UniCredit, rated A with Stable Outlook.

      CEE Outlook 2026: growing divergence, sustained fiscal and governance challenges

      12/12/2025 Research

      CEE Outlook 2026: growing divergence, sustained fiscal and governance challenges

      Economic growth across the CEE region in 2026 will hinge on the effective absorption of EU funds and the recovery in external demand, which will be crucial for investment and productivity dynamics.