Announcements

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      Instrument data
      Senority
      Senior Unsecured
      Currency
      USD
      ISIN
      US857524AE20
      Coupon percent
      5.75%
      Coupon type
      Fixed:Plain Vanilla Fixed Coupon
      Instrument volume
      1,500,000,000
      Maturity date
      16/11/2032
      -
      A Outlook: Stable
      A Outlook: Stable
      Latest change
      Downgrade
      02/06/2023
      General information
      Rating
      Public
      Unsolicited
      With issuer participation
      UK endorsed
      EU Rated
      Dennis Shen Lead analyst
      Dr. Giacomo Barisone Committee chair
      Scope downgrades the Republic of Poland's credit ratings to A; Outlook revised to Stable

      2/6/2023 Rating announcement EN

      Scope downgrades the Republic of Poland's credit ratings to A; Outlook revised to Stable

      A longer-standing trend of weakening standards of governance and weakening of the underlying inflation outlook drive the downgrade. Sound macroeconomic fundamentals, a moderate public debt level, and a well-capitalised banking system support the ratings.

      Scope revises the Outlook of Poland to Negative, affirms A+ credit ratings

      14/1/2022 Rating announcement EN

      Scope revises the Outlook of Poland to Negative, affirms A+ credit ratings

      Deterioration of governance standards and weakened public finances since Covid-19 crisis drive Outlook revision to Negative. Strong macroeconomics, a resilient, well-capitalised banking system, and reductions of external risk support ratings.

      Date Title