The Board of Ferrovie dello Stato Italiane approved today the Group’s half-year financial report as of June 30, 2019.
Standard and Poor’s released the annual assessment of Ferrovie dello Stato Italiane credit profile affirming – in line with 2018 – the Issuer Credit Rating at “BBB” with a negative outlook which reflects that on Italy.
Fitch Ratings released the annual assessment of Ferrovie dello Stato Italiane credit profile affirming – in line with 2018 – the Issuer Default Rating at “BBB” with a negative outlook which reflects that on Italy.
Trenitalia UK, 100% owned by Trenitalia (FS Italiane Group), and FirstGroup have been awarded the UK West Coast rail franchise (70% FirstGroup, 30% Trenitalia UK).
FS Italiane issued, through a private placement, a new 10 years fixed-rate EMTN bond of 100 million euro, listed on the Irish Stock Exchange.
The Board of Directors of Ferrovie dello Stato Italiane, having assessed the confirmations of interest received, has today identified Atlantia as the partner to work alongside Delta Air Lines and the Ministry of Economy and Finance on the Alitalia operation.
The second green bond issued by Ferrovie dello Stato Italiane (rating: S&P’s BBB; Fitch BBB, both negative outlook) has a nominal value of 700 million euro and a 7 years tenor.
Ferrovie dello Stato Italiane SpA (BBB by S&P/BBB by Fitch, both negatives) has mandated Banca IMI, BNP Paribas, Crédit Agricole CIB, Citi and UniCredit, as joint bookrunners for a Euro-denominated Green RegS senior unsecured benchmark transaction in bearer form under the EUR 7bn EMTN Programme, as supplemented 19 June 2019, with a maturity of 7 years.
FS published the updated Green Bond Framework today on website fsitaliane.it. New regional trains Rock and Pop confirmed among the Eligible Green Projects.
The FS Italiane ordinary and extraordinary shareholders’ meeting approved the Ferrovie dello Stato Italiane SpA Financial Statement for FY 2018, with a profit of 62.4 million euros, complemented by the Consolidated Annual Financial Report of the FS Group with 12.1 billion of revenues, net profit of 559 million and EBITDA equal to 2.5 billion.