Search results for: “Ilija”
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Scope Ratings’ Failure to Downgrade Ilija Batljan Invest: A Missed Opportunity
Scope Ratings GmbH, a prominent rating agency, recently downgraded Ilija Batljan Invest AB (IB Invest) to CCC/Negative from BB+/under review for a possible downgrade, sparking concerns about the agency’s timeliness in assessing the company’s risks. This downgrade came after a period of the ratings being under review, during which time the company’s financial health deteriorated…
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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)…
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Ilija Batljan’s Rating Shopping Spree
Are upgrades driven by improvements in creditworthiness or by hopping from agency to agency? The activities of self-made millionaire Ilija Batljan are too conspicuous to be ignored in the financial markets. Ilija Batljan came to Sweden from Montenegro. He moved to Sweden in 1993 during the breakup of his native Yugoslavia and in 1996 earned…
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Scope Ratings’ Investment Holding Company Rating Methodology
The Berlin rating agency Scope Ratings has published a new rating methodology specifically designed for investment holding companies. This methodology “Investment Holding Companies Rating Methodology – Corporates” has undergone a call-for-comments period and has now been finalized. It will be applied to all issuer and debt ratings of investment holding companies. However, the methodology is…
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A doubtful future in Sweden
Evolution from stable to negative, as expected (see RATING.REPAIR): Ilija Batljan Invest AB (IB Invest) is a Swedish holding company with a dominant core holding in SBB i Norden. SBB i Norden is a real estate company or an entity involved in real estate investments. The company has recently proposed postponing its dividend payments, leading…
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A “Security” That Loses 20% in a Single Day
Around 20% fall in the stock market in a single day – that’s the report for Samhallsbyggnadsbolaget I Norden AB Class B shares today, Thursday, July 14, 2022. Stocks with such loss potential can hardly promise the security to warrant an investment grade rating for the investment company holding those stocks. “Scope affirm’s Ilija Batljan…
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Incline Downwards
It came as it had to come – there is news about this rating, reported today: The credit rating agency S&P Global Ratings today announced that they are confirming Samhällsbyggnadsbolaget i Norden AB (publ)’s investment grade rating BBB- and outlook has been updated to negative from stable. SBB has BBB-rating with positive outlook from Fitch…
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What is the balance sheet about?
Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB, fights for the reputation of his group. RATING EVIDENCE has had several occasions to report on this entrepreneur and his company on this and another website, rating.repair and everling.de. RATING©REPAIR is the name of the virtual repair shop as a B2B service, a brand name…
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New Political and Economic Burdens Ignored
Scope affirms Ilija Batljan Invest AB’s issuer rating at BBB-/Stable. This news must come as a surprise given the current economic and political challenges that have meanwhile added to the factors that already made an “investment grade” rating seem questionable last year.
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A New Move in the Rating Shopping Spree
Samhällsbyggnadsbolaget i Norden AB (publ) (SBB) attracted attention due to the rating shopping spree of its main shareholder.
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Sweden’s Foremost Entrepreneur
A Swedish entrepreneur strives for glamor and distinction. The case of the entrepreneur Ilija Batljan showed what special features can appear.
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A Hurdle of Practical Importance
The clear divide between investment-grade and speculative-grade debt markets dates back decades. A number of central banks make their bond purchase programs dependent on minimum credit ratings. These are often operationalized by specifying rating symbols, such as the rating symbols Baa3 or BBB-. When a rating agency tries to win paid orders from issuers by…
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