The Board of Directors of FS Italiane has approved the issuance of new bonds and other medium/long-term funding instruments for a total maximum amount of 2.9 billion Euros.
Standard and Poor's affirmed both the Issuer Credit Rating at "BBB" and the "Stand Alone Credit Profile" (SACP) at "bbb+", the latter therefore one notch above the overall rating of FS and the Republic of Italy. The outlook remains negative.
Rete Ferroviaria Italiana - Anna Masutti (Chairwoman) and Vera Fiorani (CEO and General Manager). Trenitalia - Michele Pompeo Meta (Chairman) and Luigi Corradi (CEO and General Manager).
The FS Board of Directors approves to start the selection process in order to finalize a new Facility Agreement, given the expiry of the outstanding committed line in July 2021.
Source: 2019 Annual Report Highlights