Scope Relies on Political Intervention

“Uniper withdraws its 2022 financial outlook amid Russian gas supply restrictions” – That’s the title of an action-free press release from a Berlin rating agency, called Scope Ratings, today: “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 connected with this monitoring note along with the associated rating history can be found on”

Scope had placed Uniper’s BBB+ rating under review for possible downgrade on March 14, 2022. However, five days after Uniper announced the most recent bad news, the rating agency still lacks the strength to decide on a downgrade. The uncertainty factors are well known to the rating agency: “The company [i.e. Uniper] is examining how to secure its liquidity, and it has entered into discussions with the German government on possible stabilisation measures.”

Subscribe to get access

Read more of this content when you subscribe today.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Create a website or blog at

%d bloggers like this: