Announcements
Drinks
Instrument data
Senority
Senior Unsecured
Currency
EUR
ISIN
XS2740429076
Coupon percent
3.25%
Coupon type
Fixed
Instrument volume
1,000,000,000
Maturity date
17/01/2034
-
A+
Outlook:
Stable
A+
Outlook:
Stable
Latest change
New
01/07/2024
General information
Rating
Public
Unsolicited
With issuer participation
UK endorsed
EU Rated
Brian Marly
Lead analyst
Eiko Sievert
Committee chair
19/4/2024 Rating announcement EN
Scope downgrades Estonia to A+ and revises the Outlook to Stable
A structural deterioration in the fiscal position and protracted headwinds from the Russia-Ukraine war drive the downgrade. A sound institutional framework, robust growth potential and still low public debt are credit strengths.
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