Announcements
Drinks
Instrument data
Issuer
Senority
Senior Unsecured
Currency
EUR
ISIN
DE000A351PF4
Coupon percent
3%
Coupon type
Fixed:Plain Vanilla Fixed Coupon
Instrument volume
500,000,000
Maturity date
11/07/2031
-
AAA
Outlook:
Stable
AAA
Outlook:
Stable
Latest change
New
10/10/2023
General information
Rating
Public
Solicited
With issuer participation
UK endorsed
EU Rated
Julian Zimmermann
Lead analyst
Alvise Lennkh-Yunus
Committee chair
2/6/2023 Rating announcement EN
Scope affirms the Land of Berlin's AAA rating with Stable Outlook
A highly integrated institutional framework, track record of fiscal consolidation, prudent liquidity management and a solid economic base support the rating. High debt, limited revenue flexibility and sizeable contingent liabilities are challenges.
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