Announcements

    Drinks

      Scope affirms Commerzbank AG’s A issuer rating with Stable Outlook

      19/11/2025 Rating announcement EN

      Scope affirms Commerzbank AG’s A issuer rating with Stable Outlook

      The rating reflects sustained and improved earnings capacity, and solid and stable financial metrics. Continued weak economic performance in Germany represents the main challenge, although the group has navigated this challenge well so far.

      Scope Ratings corrects the rating for the senior unsecured bond issued by UAB (ISIN: LT0000134439)

      19/11/2025 Monitoring note EN

      Scope Ratings corrects the rating for the senior unsecured bond issued by UAB (ISIN: LT0000134439)

      Scope has corrected the bond rating for LT0000134439 to B from B-, assigned on 2 July 2025, due to an administrative error.

      Scope has affirmed the BBB- issuer rating and has revised the Outlook to Stable on MOL Nyrt.

      19/11/2025 Rating announcement EN

      Scope has affirmed the BBB- issuer rating and has revised the Outlook to Stable on MOL Nyrt.

      The Outlook revision to Stable reflects Scope’s expectation of rising leverage driven by moderating commodity prices but also by the impact of the fire at the Danube refinery in October 2025.

      Scope has completed the periodic review of Borkum Riffgrund 2 Investor Holding GmbH

      19/11/2025 Monitoring note EN

      Scope has completed the periodic review of Borkum Riffgrund 2 Investor Holding GmbH

      This publication does not constitute a rating action.

      Scope has completed a periodic review of FCT Bpifrance SME 2020-1 French SME ABS

      18/11/2025 Monitoring note EN

      Scope has completed a periodic review of FCT Bpifrance SME 2020-1 French SME ABS

      This publication does not constitute a rating action.

      Scope affirms Ferde AS’s long-term issuer rating at AA+ with Stable Outlook

      17/11/2025 Rating announcement EN

      Scope affirms Ferde AS’s long-term issuer rating at AA+ with Stable Outlook

      Strong integration with its owning counties, high strategic importance in regional development, a strong market position, and resilient toll revenue are strengths. High leverage and substantial capital expenditure are challenges.

      Scope affirms Hypo-Bank Burgenland AG’s Austrian mortgage covered bond rating at AAA, Stable Outlook

      17/11/2025 Rating announcement EN

      Scope affirms Hypo-Bank Burgenland AG’s Austrian mortgage covered bond rating at AAA, Stable Outlook

      The rating on Hypo-Bank Burgenland AG’s Austrian mortgage covered bonds (Hypothekenpfandbriefe) reflects the issuer's A- rating enhanced by six notches from governance and cover pool support. Two notches provide a buffer against an issuer downgrade.

      Scope has completed the periodic review of Wolf Receivables Financing 3 Plc - UK RPL

      17/11/2025 Monitoring note EN

      Scope has completed the periodic review of Wolf Receivables Financing 3 Plc - UK RPL

      This publication does not constitute a rating action.

      Scope assigns first-time B/Stable issuer rating to SkyGreen Buildings Kft.

      17/11/2025 Rating announcement EN

      Scope assigns first-time B/Stable issuer rating to SkyGreen Buildings Kft.

      The issuer rating reflects the stable cash flow from a diversified Budapest office portfolio, strong profitability and relatively low leverage. The issuer’s small size, weak tenant and geographic diversification, and modest market share are constraints.

      Scope has completed a monitoring review for Poland

      14/11/2025 Monitoring note EN

      Scope has completed a monitoring review for Poland

      The periodic review has resulted in no rating action.