Announcements

    Drinks

      European Union and Euratom ratings regulatory disclosures updated
      THURSDAY, 23/06/2022 - Scope Ratings GmbH
      Download PDF

      European Union and Euratom ratings regulatory disclosures updated

      Notification on the change of solicitation status

      Scope Ratings GmbH (Scope) today updates its regulatory disclosures according to Regulation (EC) No 1060/2009, article 10 point 5 with regards to the colour coding of the rating, the rating solicitation and cooperation status as follows:

      The Credit Rating(s) was requested by the Rated Entity or its Related Third Parties.

      The Credit Rating process was conducted:

      With Rated Entity or Related Third Party participation    YES

      With access to internal documents                                  YES

      With access to management                                            NO  

      Scope first assigned a rating to the European Union and Euratom in 1 February 2019 on an unsolicited basis and affirmed the AAA/Stable ratings in 1 October 2021.

      This monitoring note does not constitute a credit rating action, nor does it indicate the likelihood that Scope will conduct a credit rating action in the short term. Information about the latest credit rating action on the European Union and Euratom, connected with this monitoring note along with the associated rating history can be found on www.scoperatings.com.

      This monitoring note is issued by Scope Ratings GmbH, Lennéstraße 5, D-10785 Berlin, Tel +49 30 27891-0.
      Lead analyst Alvise Lennkh-Yunus, Executive Director

      © 2022 Scope SE & Co. KGaA and all its subsidiaries including Scope Ratings GmbH, Scope Ratings UK Limited, Scope Analysis GmbH, Scope Investor Services GmbH, and Scope ESG Analysis GmbH (collectively, Scope). All rights reserved. The information and data supporting Scope’s ratings, rating reports, rating opinions and related research and credit opinions originate from sources Scope considers to be reliable and accurate. Scope does not, however, independently verify the reliability and accuracy of the information and data. Scope’s ratings, rating reports, rating opinions, or related research and credit opinions are provided ‘as is’ without any representation or warranty of any kind. In no circumstance shall Scope or its directors, officers, employees and other representatives be liable to any party for any direct, indirect, incidental or other damages, expenses of any kind, or losses arising from any use of Scope’s ratings, rating reports, rating opinions, related research or credit opinions. Ratings and other related credit opinions issued by Scope are, and have to be viewed by any party as, opinions on relative credit risk and not a statement of fact or recommendation to purchase, hold or sell securities. Past performance does not necessarily predict future results. Any report issued by Scope is not a prospectus or similar document related to a debt security or issuing entity. Scope issues credit ratings and related research and opinions with the understanding and expectation that parties using them will assess independently the suitability of each security for investment or transaction purposes. Scope’s credit ratings address relative credit risk, they do not address other risks such as market, liquidity, legal, or volatility. The information and data included herein is protected by copyright and other laws. To reproduce, transmit, transfer, disseminate, translate, resell, or store for subsequent use for any such purpose the information and data contained herein, contact Scope Ratings GmbH at Lennéstraße 5 D-10785 Berlin. 

      Related news

      Show all
      Middle-east crisis: geopolitics remains a downside risk for the global economic and credit outlook

      17/4/2024 Research

      Middle-east crisis: geopolitics remains a downside risk for ...

      Scope affirms Council of Europe Development Bank’s AAA rating with Stable Outlook

      12/4/2024 Rating announcement

      Scope affirms Council of Europe Development Bank’s AAA rating ...

      Scope affirms the Arab Republic of Egypt’s ratings at B- and revises the Outlook to Stable

      12/4/2024 Rating announcement

      Scope affirms the Arab Republic of Egypt’s ratings at B- and ...

      Scope has completed a monitoring review for the European Financial Stability Facility

      12/4/2024 Monitoring note

      Scope has completed a monitoring review for the European ...

      Scope has completed a monitoring review on the European Stability Mechanism

      12/4/2024 Monitoring note

      Scope has completed a monitoring review on the European ...

      Scope has completed a monitoring review for the Federal Republic of Germany

      12/4/2024 Monitoring note

      Scope has completed a monitoring review for the Federal ...