The main rationale for the withdrawal lies in thestrategic decision by management of Acazis to place the bond privately. Furthermore, Acazis AG delisted its shares on the Stuttgart stock exchange. Due to the delisting process Acazis AG is no longer present in the German capital markets. Consequently, Scope will also discontinue monitoring of the bond rating with immediate effect.

Acazis AG, headquartered close to Munich, acts as holding company for the Acazis group. Acazis operates in the cultivation and utilization of castor bean plants, as well as in the production of edible oils in Ethiopia.