
11/6/2025 Rating announcement EN
Scope downgrades GTC’s issuer rating to B+ from BB+, places it under review for a developing outcome
The downgrade reflects reduced debt protection post German residential acquisition and inadequate liquidity. The under-review status reflects heightened refinancing risk.

6/6/2025 Rating announcement EN
Scope affirms B+/Stable issuer rating on Hungarian investment holding Lexholding Zrt.
The affirmation reflects the solid credit metrics, benefitting from stable recurring cash income, while the high concentration in the income-generating portfolio, low portfolio liquidity and the complex organisational structure remain rating constraints.

6/6/2025 Rating announcement EN
Scope assigns first-time issuer rating of B+/Stable to Georgia Healthcare Group
The rating is driven by the credit-positive characteristics of the Georgian healthcare services market, GHG’s strong profitability and market leadership, as well as Scope’s expectation of a medium-term improvement in currently weak credit metrics.

4/6/2025 Rating announcement EN
Scope upgrades the issuer rating of Norwegian utility Hafslund to A with a Stable Outlook
The upgrade reflects Scope’s view that stronger credit metrics and cash flow generation are supported by sustained above-average power prices and reduced pressure from a scaled-back investment programme.

3/6/2025 Rating announcement EN
Scope affirms A-/Stable issuer rating on TOMRA Systems ASA
Strong market positions, particularly in the high-margin Collection and Recycling segments, industry dynamics and a strong financial risk profile support the rating. Food lower profitability, diversification and cash flow cover are constraints.