Announcements

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      Instrument data
      Senority
      Senior Unsecured
      Currency
      RON
      ISIN
      XS2176902000
      Coupon percent
      4.7%
      Coupon type
      Fixed:Plain Vanilla Fixed Coupon
      Instrument volume
      450,000,000
      Maturity date
      20/05/2022
      -
      WD Outlook: N/A
      WD Outlook: N/A
      Latest change
      Withdrawal
      21/05/2022
      General information
      Rating
      Public
      Unsolicited
      With issuer participation
      UK endorsed
      EU Rated
      Withdrawal reason: end of maturity of the debt obligation, or in case the debt is redeemed, called, prefunded, cancelled
      Alvise Lennkh-Yunus Lead analyst
      Dr. Giacomo Barisone Committee chair
      Scope downgrades Black Sea Trade and Development Bank to A-/ Negative

      1/4/2022 Rating announcement EN

      Scope downgrades Black Sea Trade and Development Bank to A-/ Negative

      The severe deterioration of the bank’s operating environment in the wake of the Russia-Ukraine war and the expected adverse impact on its asset quality drive the downgrade. Uncertainties over the bank’s asset performance drive the Negative Outlook.

      Scope assigns first-time rating of A to Black Sea Trade and Development Bank, with Stable Outlook

      6/11/2020 Rating announcement EN

      Scope assigns first-time rating of A to Black Sea Trade and Development Bank, with Stable Outlook

      High capitalisation, sound liquidity profile, strong asset quality, well diversified portfolio, and profitability support the rating; shareholders’ limited ability to provide support, difficult operating environment and rising leverage are challenges.

      Date Title