Scope converts German Merck’s ratings into unsolicited subscription ratings available on ScopeOne

Merck KGaA Merck Financial Services GmbH EMD Finance LLC

MRCG 2.625 12/12/74 '21 FRN MRCG 3.375 12/12/74 '24 FRN MRCG 3.250 03/19/25 '24 Merck KGaA 30M EUR Debt Issuance program MRCG 1.625 06/25/79 '24 FRN MRCG 2.875 06/25/79 '29 FRN MRCG 0.375 07/05/27 MRCG 0.875 07/05/31 MRCG 0.500 07/16/28 '28 MRCG 0.125 07/16/25 '25 MRCG 1.625 09/09/80 FRN MRCG 1.875 06/15/26 MRCG 2.375 06/15/30

FRIDAY, 29/12/2023 - Scope Ratings GmbH

Scope converts German Merck’s ratings into unsolicited subscription ratings available on ScopeOne

Following Merck’s request for a withdrawal of Scope’s public ratings on the German conglomerate, the rating agency has converted all ratings into unsolicited subscription ratings.

The latest information on the rating, including rating reports and related methodologies, is available on this LINK.

Converted ratings relate to Merck KGaA (issuer rating, long-term and short-term debt ratings); Merck Financial Services GmbH (issuer rating, long-term debt rating), EMD Finance LLC (issuer rating, long-term debt rating).

All of the following ratings are converted into unsolicited subscription ratings:

Issuer ratings and Outlook: A/Stable
Short-term debt rating: S-1
Long-term senior unsecured debt ratings: A
Long-term contractually subordinated (hybrid) debt ratings: BBB+

Merck KGaA Merck Financial Services GmbH EMD Finance LLC

MRCG 2.625 12/12/74 '21 FRN MRCG 3.375 12/12/74 '24 FRN MRCG 3.250 03/19/25 '24 Merck KGaA 30M EUR Debt Issuance program MRCG 1.625 06/25/79 '24 FRN MRCG 2.875 06/25/79 '29 FRN MRCG 0.375 07/05/27 MRCG 0.875 07/05/31 MRCG 0.500 07/16/28 '28 MRCG 0.125 07/16/25 '25 MRCG 1.625 09/09/80 FRN MRCG 1.875 06/15/26 MRCG 2.375 06/15/30

Related news

Scope publishes final Chemicals Rating Methodology

30/6/2025 Research

Scope publishes final Chemicals Rating Methodology

Scope publishes analytical report on Helgeland Kraft

30/6/2025 Monitoring note

Scope publishes analytical report on Helgeland Kraft

Scope affirms BBB+/Stable issuer rating of Norwegian utility TrønderEnergi AS

27/6/2025 Rating announcement

Scope affirms BBB+/Stable issuer rating of Norwegian utility ...

Scope assigns first-time issuer rating of B+/Stable to Grammer

26/6/2025 Rating announcement

Scope assigns first-time issuer rating of B+/Stable to Grammer

Scope affirms Norwegian utility Helgeland Kraft’s BBB issuer rating, revises Outlook to Negative

26/6/2025 Rating announcement

Scope affirms Norwegian utility Helgeland Kraft’s BBB issuer ...

Scope publishes retail and wholesale corporate rating methodology after a call for comments

25/6/2025 Research

Scope publishes retail and wholesale corporate rating ...