UniCredit announces that today the rating agency Moody's placed on review for possible downgrade the Aa2 long-term deposit rating and the B- financial strength rating (BFSR) of UniCredit SpA. Moody's stated also that any downgrade of either the bank financial strength or the long-term deposit ratings of UniCredit is unlikely to be greater than one notch.
The short-term deposit rating (P-1) is unaffected.
These rating actions follow the announcement of the envisaged merger between the UniCredit and Capitalia Groups.
Attached the complete text of Moody's press release with details of today's rating actions on UniCredit and Capitalia Group's companies.
Enquiries:
Media Relations:
Tel. +39 02 88628236; e-mail: mediarelations@unicreditgroup.eu
Investor Relations:
Tel. + 39 02 88628715; e-mail: investorelations@unicreditgroup.eu
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UniCredit: Moody's places on review the long-term deposit rating and the Bank Financial Strength Rating of the Group
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