As part of its strategic focus on institutional investors, Scope Ratings is offering credit ratings on a subscription basis only via its credit intelligence platform, ScopeOne.

Upgraded ratings – all now with Stable Outlook – reflect the resilience of the group’s current business model and reassuring credit metrics.

Scope Ratings says its ratings (A/Positive) on UBS’s outstanding TLAC-eligible senior unsecured debt will remain unchanged after the planned substitution of the issuer to UBS Group Funding (Switzerland) AG.