Announcements

    Drinks

      Scope rates Poste Italiane S.p.A. perpetual subordinated hybrid securities at BBB-

      1/12/2023 Rating announcement EN

      Scope rates Poste Italiane S.p.A. perpetual subordinated hybrid securities at BBB-

      The rating is based on the BBB+/Stable issuer rating of Poste Italiane S.p.A. and deep subordination and hybrid characteristics of the instrument.

      Scope rates Poste Italiane S.p.A. at BBB+ with a Stable Outlook

      1/12/2023 Rating announcement EN

      Scope rates Poste Italiane S.p.A. at BBB+ with a Stable Outlook

      Poste Italiane's strategic importance to Italy, diversified business structure and solid financial profile are strengths. Elevated exposure to fluctuations in the domestic economy and financial market is the key challenge.

      Scope has completed a monitoring review on the Republic of Italy

      1/12/2023 Monitoring note EN

      Scope has completed a monitoring review on the Republic of Italy

      Monitoring review announcement.

      Scope affirms L-Bank's credit rating at AAA with Stable Outlook

      1/12/2023 Rating announcement EN

      Scope affirms L-Bank's credit rating at AAA with Stable Outlook

      The rating is supported by the guarantee of the German Federal State of Baden-Württemberg (AAA/Stable) for L-Bank's existing and future obligations with respect to money borrowed, bonds issued and derivative transactions entered into by the bank.

      Scope downgrades Deutsche Konsum’s issuer rating to B under review for a developing outcome

      30/11/2023 Rating announcement EN

      Scope downgrades Deutsche Konsum’s issuer rating to B under review for a developing outcome

      The rating downgrade reflects DKR’s recent announcement of significant write-downs on property values and shareholder loans, impairing both credit metrics and upcoming refinancings.

      Scope has completed a monitoring review for Hestia Financing S.à r.l.

      30/11/2023 Monitoring note EN

      Scope has completed a monitoring review for Hestia Financing S.à r.l.

      No rating action has been taken on class A notes following the monitoring review.

      Scope puts the rating of series 2022-1 notes issued by CiMA Finance DAC under review

      29/11/2023 Rating announcement EN

      Scope puts the rating of series 2022-1 notes issued by CiMA Finance DAC under review

      The rating action on the secured loan participation notes (series 2022-1) follows the prospective transaction amendments.

      Scope affirms Sunnhordland Kraftlag AS' issuer rating at BBB+; changes Outlook to Positive

      29/11/2023 Rating announcement EN

      Scope affirms Sunnhordland Kraftlag AS' issuer rating at BBB+; changes Outlook to Positive

      The Positive Outlook is driven by the possibility of a very strong credit metrics until 2025, as power prices in the NO2 price region are expected to remain higher than historical levels for the foreseeable future.

      Scope places ITK Holding’s BB- issuer rating under review for a possible upgrade

      28/11/2023 Rating announcement EN

      Scope places ITK Holding’s BB- issuer rating under review for a possible upgrade

      The rating’s placement under review reflects the recently announced change in shareholder structure, with Hungarian oil and gas company MOL Group advancing towards full control of ITK Holding.

      Scope affirms OTP Bank's BBB+ issuer rating and changes the Outlook to Stable from Negative

      28/11/2023 Rating announcement EN

      Scope affirms OTP Bank's BBB+ issuer rating and changes the Outlook to Stable from Negative

      The change in Outlook reflects the ongoing resilience of the group's operating performance and the declining exposure to Hungarian sovereign risk.