12/2/2026 Monitoring note
Henkel amps up M&A with coatings and adhesives deals after a decade of mostly bolt-on acquisitions
EUR 2.1bn coatings acquisition along with other deals, full details of which are yet to be announced, points to higher leverage; but credit neutral for Henkel’s ratings.
11/2/2026 Rating announcement
Scope assigns BB-/Stable first-time rating to Serbian’ retailer Fashion Company
The rating reflects the issuer’s established position in the Serbian and Balkan apparel retail markets, and Scope’s expectation that the company will maintain credit metrics commensurate with the rating, despite its continued debt financed expansion.
10/2/2026 Rating announcement
Scope affirms Norwegian postal and logistics company Posten Bring’s A/Stable issuer rating
Posten Bring’s improved profitability and stable market position in the Nordic region support the rating, despite its large capital investment programme leading to weak cash flow and forthcoming changes in government regulations.
10/2/2026 Monitoring note
Scope has completed the periodic review of Rogaland Sparebank Boligkreditt’s mortgage Covered bonds
This publication does not constitute a rating action.
9/2/2026 Rating announcement
Scope downgrades JSC Silk Bank’s rating to CCC; places rating under review for possible downgrade
Strong loan growth in core products coupled with ongoing losses from its business model transformation exert pressure on capitalisation and drive the downgrade and placement ‘under review for downgrade’.
9/2/2026 Research
European chemicals: outlook negative as sector shifts to decoupling from destocking
The European chemical industry faces difficult quarters ahead, as the recovery in demand expected after the cyclical destocking in 2024 has failed to materialise, Scope Ratings says.
6/2/2026 Monitoring note
Scope has completed a monitoring review for the Republic of Lithuania
The periodic review has resulted in no rating action.
6/2/2026 Monitoring note
Scope has completed a monitoring review for the Republic of Estonia
The periodic review has resulted in no rating action.
6/2/2026 Monitoring note
Scope has completed a monitoring review for the Republic of Latvia
The periodic review has resulted in no rating action.
6/2/2026 Rating announcement
Scope upgrades Cyprus’s long-term ratings to A, revises Outlook to Stable
The sustained reduction in the public debt-to-GDP ratio along with improved resilience of the banking sector drive the upgrade. The small, open economy, large external imbalances and still elevated level of NPLs are key challenges.