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UniCredit: Fitch aligns UniCredit SpA's ratings with that of the sovereign Italy

 

The Rating Agency Fitch Ratings has yesterday aligned UniCredit SpA's Long-term Issuer Default Rating (IDR), with that of the Sovereign Italy at 'BBB' with outlook revised to 'Stable' (from 'Negative'). The Short-term IDR has been affirmed at 'F2'. The Viability (i.e. stand-alone) rating was changed to 'bbb' from 'bbb+'. As a consequence outstanding debt ratings (including Additional Tier 1), have also been lowered.

The outlook is now 'Stable'.

For further details please see Fitch Ratings' corresponding press release on the rating agency website www.fitchratings.com

 

Milan, 28th April 2017

 

 

 

 Enquiries:  

      

 

Media Relations: Tel. +39 02 88623569; e-mail: MediaRelations@unicredit.eu

Investor Relations: Tel: +39 02 88621872; e-mail: InvestorRelations@unicredit.eu