Scope Downgrades Ilija Batljan Invest AB to BB+/Stable from BBB-/Stable

Ilija Batljan Invest’s deteriorated total cost coverage and increase in leverage, which Scope does not expect to recover in the short-to-medium term, drive the downgrade.

It happened the way it had to. Here on RATING.REPAIR, we pointed out two years ago that the rating of this company needs to be repaired.

Scope Ratings GmbH (Scope) has today downgraded the issuer rating of holding company Ilija Batljan Invest AB (IB Invest) to BB+/Stable from BBB-/Stable. Scope has affirmed the BBB- senior unsecured debt rating and downgraded the company’s subordinated hybrid note to BB- from BB.

Scope Ratings’ rating rationale:

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 )

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: