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      XS2491029380
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      XXXXXXX XXXXXXX
      XXXXXXX Outlook: XXXX
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      Scope converts German Merck’s ratings into unsolicited subscription ratings available on ScopeOne

      29/12/2023 Monitoring note EN

      Scope converts German Merck’s ratings into unsolicited subscription ratings available on ScopeOne

      Following Merck’s request for a withdrawal of Scope’s public ratings on the German conglomerate, the rating agency has converted all ratings into unsolicited subscription ratings.

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      Scope upgrades Merck KGaA’s issuer rating to A/Stable from A-/Positive

      17/10/2022 Rating announcement EN

      Scope upgrades Merck KGaA’s issuer rating to A/Stable from A-/Positive

      The upgrade is driven by the improved leverage due to the group’s strong growth and resilience to macroeconomic headwinds.

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      Scope affirms Merck KGaA’s issuer rating of A- and raises Outlook to Positive

      11/10/2021 Rating announcement EN

      Scope affirms Merck KGaA’s issuer rating of A- and raises Outlook to Positive

      The Positive Outlook is driven by the expectation that the greatly improved credit metrics will be sustained.

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