Announcements
Drinks
6/9/2019 Monitoring note EN
Scope converts BASF ratings into subscription ratings available exclusively on ScopeOne
As part of its strategic focus on institutional investors, Scope Ratings is offering corporate credit ratings on a subscription basis only via its new credit intelligence platform, ScopeOne.
14/8/2019 Rating announcement EN
Scope affirms A issuer rating on German-based BASF SE, Outlook Stable
The rating still reflects BASF’s strong position in the global chemicals industry, holding between first and third position for about 70% of its businesses. The rating is limited by the considerable EBITDA contribution of its cyclical Chemicals division.
12/9/2017 Rating announcement EN
Scope Ratings affirms BASF SE and BASF Finance Europe N.V. at A and S-1, Outlooks Stable
The ratings mainly reflect the strong position in global chemicals, high diversification in different end markets, notably in specialty chemicals, and expectations that free cash flow levels and the conservative financial policy will continue.
23/12/2016 Rating announcement EN
Scope assigns A long-term rating, S-1 short-term rating, to BASF Finance Europe N.V., Stable Outlook
The ratings for BASF Finance Europe N.V. are derived from the parent company's (BASF SE) corporate rating, reflecting the unconditional and irrevocable guarantee given to debtholders of its financing subsidiary, BASF Finance Europe N.V.
6/9/2016 Rating announcement EN
Scope Ratings assigns BASF SE long-term rating of A and short-term rating of S-1, Outlook Stable
The first-time ratings for BASF SE are driven by the group’s credit-positive business risk profile, strong position in the global chemical markets, and conservative financial policy.
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