The affirmation is driven by Haniel’s continuously good financial risk profile which offsets the persistent concentration risks on the holding’s recurring income and asset values.

The amendment to the special servicer agreements will not in itself result in a rating action or withdrawal of the current class A note rating.

Five years after the pandemic and the collapse of the output agreement between OPEC and Russia sent oil prices into free fall, oil markets face another shock, this time from changes in US trade policy and in the OPEC+ group’s production limits.

The securitised lease portfolios were originated by Alba leasing and were mainly granted to Italian SMEs for the purpose of financing transportation, equipment, and real estate assets.

The rating reflects the Norwegian bank’s focused savings bank business model, solid earnings and sound prudential metrics.

Scope Ratings has updated its rating report on Banca Popolare di Sondrio, rated BBB with Positive Outlook.

The Outlook change is driven by the recovery in demand for Naturtex’s discretionary products and its profitability which have resulted in an improved financial risk profile.

This publication does not constitute a rating action.

Three scenarios for the sovereign credit outlook have emerged from the uncertainty over US trade policy – "tariff-light", trade war, or a wider economic and financial crisis including the introduction of US capital controls – says Scope Ratings.

Scope Ratings calls for comments on its Chemicals Rating Methodology by 14 May 2025. The update strengthens, refines and further clarifies the analytical approach. The methodology as proposed might have a positive impact of one notch for one rated entity.