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UniCredit: Moody's has put UniCredit SpA's Baa2 rating under review for upgrade

The rating agency Moody's has put UniCredit SpA's 'Baa2' long-term deposit and senior unsecured debt ratings under review for possible upgrade. The guidance of the likely outcome of the review is 'Baa1' for both ratings which is expected to be concluded over the coming months.

 

Moody's announced multiple rating actions based on its updated global bank rating methodology and lowered expectations about the likelihood of systemic support for European banks. Other entities of the UniCredit group have also been impacted at the same time. 

 

Please see the full text of Moody's press release on the rating agency website www.moodys.com for more details.  

 

 

Milan, 18th March 2015