20/9/2024 Rating announcement
Scope affirms Latvia’s A- ratings with Stable Outlook
Solid medium-term growth prospects and sound fiscal fundamentals anchor the ratings. Exposure to external shocks and longer-run demographic pressures are key challenges.
20/9/2024 Rating announcement
Scope affirms Lithuania’s A ratings and revises Outlook to Positive
Robust growth prospects, structural reforms and a favourable fiscal trajectory drive the Outlook revision. Exposure to external shocks and longer-run demographic pressures are the main credit constraints.
19/9/2024 Rating announcement
Scope downgrades Class A notes issued by Ortles 21 S.r.l. - Italian NPL ABS
Scope downgrades the class A notes issued by Ortles 21 S.r.l., a static cash securitisation of Italian NPLs, following a monitoring review.
19/9/2024 Rating announcement
Scope downgrades Marso’s issuer rating to B+ from BB-/Negative and revises the Outlook to Stable
The downgrade is based on the company’s continued deterioration in operating performance which is expected to lead to weaker credit metrics in 2024 coupled with a delayed market recovery.
18/9/2024 Rating announcement
Scope affirms Pareto Bank's BBB issuer rating with Stable Outlook
Rating affirmation reflects the bank’s robust profitability despite increased credit costs, sound solvency position and adequate funding profile.
17/9/2024 Rating announcement
Scope affirms Greenergy’s BB/Stable issuer rating
The affirmation reflects Scope’s view that Greenergy will retain good financial credit metrics despite pressure from some unfavourable macroeconomic trends and mounting capex.
17/9/2024 Rating announcement
Scope affirms Tegeta Motors’ BB- issuer rating and revises the Outlook to Negative from Stable
The Outlook change reflects weakening credit metrics in 2024 and a deteriorating capital structure with increased short-term exposure to capital market debt leading to recurring maturity walls.
17/9/2024 Monitoring note
Scope has completed a monitoring review for MOL PLC KMRP Organisation 2021-1 – Esoteric
No action has been taken on the bond following the monitoring review.
17/9/2024 Monitoring note
Scope has completed a monitoring review for MOL PLC KMRP Organisation 2021-2 – Esoteric
No action has been taken on the bond following the monitoring review.
16/9/2024 Research
The Draghi report: political stalemate and Europe’s productivity gap curb growth outlook
Political deadlock in Germany and France limits the prospect of implementing fundamental reforms proposed by the Draghi report, which, together with Southern Europe’s productivity gap, challenges Europe’s growth outlook.