Rome, 30th October 2017
S&P has upgraded Ferrovie dello Stato Italiane’s Corporate Credit Rating to 'BBB' while keeping the outlook stable.
The rating action mirrors the upgrade on Italy’s national government – made by the Agency on October 27th – because of the S&P criteria applicable to the Ferrovie rating. The rating on Ferrovie now reflects its Stand Alone Credit Profile which the Agency continue to assess at ‘bbb’.
S&P has also upgraded the rating of Ferrovie’s Euro Medium-Term Note Programme and the related outstanding notes.