Scope affirms Corem’s BBB- issuer rating, with a revised Outlook
Corem Property Group (publ) (“Corem”) has today received an updated issuer rating from Scope Ratings GmbH (“Scope”). The update affirms Corem’s BBB- rating, with a revised Outlook from Stable to Negative. In the updated issuer rating, Scope emphasizes the company’s prudent measures to deleverage and reinforce the balance sheet through divestments and debt amortization. As the basis for the revised Outlook, Scope refers to the expected impact of the current macroeconomic environment on the company’s interest coverage ratio. Corem intends to remain active in the transactions market in