7/12/2023 Rating announcement
Scope affirms Stavmat’s B+ issuer rating and changes Outlook to Negative from Stable
The Negative Outlook reflects weaker operating profitability and credit metrics due to the strong price competition in a more challenging macroeconomic environment.
7/12/2023 Monitoring note
Scope has completed a monitoring review for Sanofi S.A.
The periodic review has resulted in no rating action.
7/12/2023 Rating announcement
Scope affirms Inotal’s B+ rating and revises Outlook to Positive from Stable
The revised outlook reflects improved operating profitability brought by changes to the product portfolio, resulting in better credit metrics.
6/12/2023 Monitoring note
New analysis on covered bonds issued by Compagnie de Financement Foncier
Scope Ratings has updated its report on the obligations focières (French covered bonds) issued by Compagnie de Financement Foncier.
6/12/2023 Monitoring note
Scope has completed a monitoring review for OTP KMRP I 2031
The periodic review has resulted in no rating action.
6/12/2023 Monitoring note
Scope has completed a monitoring review for OTP KMRP II 2031
The periodic review has resulted in no rating action.
6/12/2023 Rating announcement
Scope affirms Textura Zrt.’s B- issuer rating and revises Outlook to Negative
The Outlook change reflects the very slow sales ramp-up in the plastics division, below plan performance of the textile division and no cure foreseen for the covenant breach.
6/12/2023 Rating announcement
Scope maintains B- issuer rating on Vasútvill Kft. under review for a possible downgrade
Slow recovery of the order backlog raises concerns on Vasútvill’s business viability and continues to weigh on business and financial risk profiles. Limited visibility in the short-term recovery of financial figures justifies the under-review placement.
5/12/2023 Rating announcement
Scope affirms Baromfi-Coop Kft’s issuer rating at BB- and raises Outlook to Positive
Significant expansion following heavy investment, coupled with deleveraging and a resilient business model, drive the Positive Outlook.
5/12/2023 Rating announcement
Scope affirms Verd Boligkreditt's mortgage covered bonds at AAA/Stable
The issuer's credit strength combined with governance and cover pool support results in highest rating. The soft-bullet profile and overcollateralisation reduce risks from maturity mismatches and low-LTV cover assets are resilient to high stresses.