FS Italiane: Standard and Poor's upgrades the rating by one notch to 'BBB' mirroring the upgrade of Italy. Outlook stays stable

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.

Here the link of the official press release of S&P where the whole rationale is reported.

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