19/5/2022 Monitoring note
Scope has completed a monitoring review of Aporti S.r.l. – Italian NPL ABS
No action has been taken on class A notes issued by Aporti S.r.l. following the monitoring review.
18/5/2022 Rating announcement
Scope assigns BBB+ to the Class A1 Guaranteed securities issued by Virtuo Finance SARL
Scope Ratings has today assigned a final BBB+ rating to the USD 84.5m Class A1 Guaranteed securities issued by Virtuo Finance SARL maturing in March 2041. The bonds are intended to refinance the existing debt of a brownfield Egyptian photovoltaic plant.
18/5/2022 Monitoring note
Scope has completed a monitoring review of Ibla S.r.l. – Italian NPL ABS
No action has been taken on class A and class B notes issued by Ibla S.r.l. following the monitoring review.
18/5/2022 Monitoring note
Scope has completed a monitoring review for Prunelli Issuer I S.a.r.l. compartment 2020-1
No rating action has been taken following the monitoring review.
18/5/2022 Research
Scope analysis reveals European banks can cope with significant credit deterioration
Takeaways from profitability and capital calculations conducted by Scope on 50 large European banks in its rated universe show that 44 institutions will remain profitable even if they had to triple their credit provisions.
17/5/2022 Monitoring note
No rating action on FCT Bpifrance SME 2020-1 following extension of the replenishment period
Scope announces that the extension of the revolving period, along with certain amendments to the transaction documents will not, in and of themselves, result in a rating action or withdrawal of the current ratings.
17/5/2022 Monitoring note
Scope has completed a monitoring review of Palatino SPV S.r.l. – Italian NPL ABS
No action has been taken on class A notes issued by Palatino SPV S.r.l. following the monitoring review.
17/5/2022 Monitoring note
Scope has completed a monitoring review of Aurelia SPV S.r.l. – Italian NPL ABS
No action has been taken on class A notes issued by Aurelia SPV S.r.l. following the monitoring review.
17/5/2022 Research
Italian NPL collections: March volumes rise 50% month-over-month
March 2022 Italian NPL collections were 50% higher than in February, a comparable increase to February-March 2021 (+40%). Year over year, collections rose 7%.
17/5/2022 Research
Credit Talk: Europe’s airline sector faces tough financing, operating conditions
Europe’s airline sector faces difficult financing and operating conditions, squeezed by rising interest rates and surging fuel prices even as air traffic recovers from the pandemic, forcing airlines to again adapt their strategies.