Fitch downgrades CDP’s rating to BBB. The outlook is stable

Press release

Fitch downgrades CDP’s rating to BBB. The outlook is stable

Rome, 8 May 2017 - h 6:46 pm

Cassa depositi e prestiti Spa (CDP) announces that today the rating agency Fitch Ratings downgraded CDP’s long-term rating to BBB from BBB+, affirming the short-term rating at F2. The outlook is stable.

The downgrade mirrors the same action on Italy’s sovereign ratings, dated 21 April 2017.

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