.png)
4/4/2025 Monitoring note
Scope has completed a monitoring review for the Netherlands
The periodic review has resulted in no rating action.
4/4/2025 Monitoring note
Scope has completed a monitoring review for the Republic of Austria
The periodic review has resulted in no rating action.
4/4/2025 Monitoring note
Scope has completed a monitoring review on the Czech Republic
The periodic review has resulted in no credit-rating action.
4/4/2025 Monitoring note
Scope has completed a monitoring review for the French Republic
The periodic review has resulted in no rating action.
4/4/2025 Research
Scope proposes an update to its Pharmaceutical Companies’ Rating Methodology and invites comments
Scope Ratings calls for comments on its Pharmaceutical Companies’ Rating Methodology by 4 May 2025. The update strengthens, refines and further clarifies Scope’s analytical approach. No impact is expected on out-standing issuer and debt ratings.
4/4/2025 Monitoring note
Scope has completed the periodic reviews of Realkredit's covered bonds (capital center C and S)
This publication does not constitute a rating action.
4/4/2025 Research
UK sovereign rating affirmed, but fiscal pressures intensify; tariffs harm growth
Scope affirmed the UK’s AA ratings on 28 March and kept the Stable Outlook. But fiscal deterioration and weaker debt sustainability increase risks to the rating, while 10% US tariffs on UK exports and 25% on steel and aluminium harm UK growth.
4/4/2025 Rating announcement
Scope affirms A- issuer rating of Norwegian utility, telecom firm Lyse, revises Outlook to Negative
The Negative Outlook reflects increased leverage in 2024, with additional large growth investments in the next few years expected to limit deleveraging potential, which has resulted in a weaker financial risk profile.
3/4/2025 Research
European auto sector: tariff hikes come at difficult time; firms lacking US capacity look exposed
The US’s imposition of 25% tariffs on car imports comes at a bad time for European auto makers which face structural challenges in the shift to electric vehicles, growing competition from Chinese brands, and relatively soft demand in Europe and China.
