News
German media sector faces extra credit risk as Covid-19 speeds up industry’s digital make-over
The Covid-19 pandemic has accelerated the change of consumer habits and the digitalisation of media consumption, with consequences for the credit outlook for the traditional media sector – not least in Germany. DOWNLOAD THE REPORT “The structural challenges that media companies have faced for a long time have intensified amid the Covid-19 pandemic and all […]
Scope Hamburg zieht die Ratings der SeniVita Social Estate AG zurück
Scope Hamburg GmbH zieht das Emittentenrating und das Emissionsrating (Wandelanleihe 2015 / 2025, WKN A13SHL / ISIN: DE000A13SHL2) der SeniVita Social Estate AG zurück. Hintergrund ist das laufende Insolvenzverfahren wegen Zahlungsunfähigkeit der SeniVita Social Estate AG. Scope Hamburg GmbH (formerly Euler Hermes Rating GmbH) was founded in 2001 as an independent European rating agency focusing […]
Scope Hamburg zieht das Rating der Dr. Wiesent Sozial gGmbH zurück
Scope Hamburg GmbH zieht das Emittentenrating der Dr. Wiesent Sozial gGmbH zurück. Hintergrund ist das laufende Insolvenzverfahren wegen drohender Zahlungsunfähigkeit. Scope Hamburg GmbH (formerly Euler Hermes Rating GmbH) was founded in 2001 as an independent European rating agency focusing on issuer and issuance ratings. Scope Hamburg GmbH is registered as a credit rating agency (CRA) […]
Scope Hamburg affirms B / negative issuer rating of Helvetia Environnement
Scope Hamburg has affirmed the B / negative issuer credit rating of Helvetia Environnement Groupe SA. The key drivers remain a moderate to slightly increased business risk profile, the company’s lagging operating performance, which still remains below Scope Hamburg’s expectations, and an inadequate financial flexibility due to rather insufficient cash generation and the currently pending […]
Scope Hamburg bestätigt das Emittentenrating der ETL AG StBG und zieht das Rating zurück
Die Scope Hamburg GmbH bestätigt am 19. November 2021 das Emittentenrating der ETL AG StBG mit BBB (vgl. hierzu unseren Ratingbericht vom 12. November 2020) und zieht das Rating aufgrund der Vertragsbeendigung zurück. Der Vertrag über die Durchführung eines Emittentenratings zwischen der ETL AG StBG (Auftraggeber) und der Scope Hamburg GmbH (bei Vertragsabschluss Euler Hermes […]
Scope Hamburg zieht das Rating der Joh. Friedrich Behrens AG zurück
Scope Hamburg GmbH zieht das Emittentenrating der Joh. Friedrich Behrens AG zurück. Hintergrund sind das laufende Insolvenzverfahren in Eigenverwaltung und die durch den öffentlich bekannt gegebenen Betriebsübergang umgesetzte substantielle Restrukturierung der bewerteten Einheit. Scope Hamburg GmbH (formerly Euler Hermes Rating GmbH) was founded in 2001 as an independent European rating agency focusing on issuer and […]
Scope Hamburg affirms B+ issuer and issuance ratings of Hungarian logistics company Trans-Sped Kft.; outlook stable
The B+ issuer credit rating is mainly driven by Trans-Sped’s operations in the transportation and logistics sector which we assess as highly cyclical and highly competitive with low barriers to entry, low profit margins and a highly fragmented landscape. Due to the asset intense operations, Trans-Sped is subject of rather low capital returns and slightly […]
Scope Hamburg affirms BB issuer and issuance ratings of KÉSZ Holding Zrt.
Scope Hamburg affirms BB issuer and issuance ratings of KÉSZ Holding Zrt.; outlook stable. The upcoming second issue of senior unsecured bonds was rated BB. Scope Hamburg has affirmed the BB issuer credit rating of Hungarian construction company KÉSZ Group. The rating outlook remains unchanged at stable. At the same time the upcoming second series […]