Press release

Downgrade of Moody's long-term rating on CDP

Cassa depositi e prestiti Spa (CDP) announces that the rating agency Moody’s has lowered the long-term rating on CDP from Aa2 to A2, with negative outlook. The short-term rating has been confirmed at Prime – 1.

Rome, 6 October 2011

Cassa depositi e prestiti Spa (CDP) announces that the rating agency Moody’s has lowered the long-term rating on CDP from Aa2 to A2, with negative outlook. The short-term rating has been confirmed at Prime – 1.

The decision comes in the wake of the same move taken by the agency for the ratings on the Republic of Italy on 4 October 2011.

 

 

 

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