Fitch's downgrade of CDP's Covered Bond Programme

Press release

Fitch's downgrade of CDP's Covered Bond Programme

Rome, 15 July 2011

Cassa depositi e prestiti Spa (CDP) announces that today Fitch, the rating agency, has downgraded CDP's Covered Bond Programme’s rating from AAA to AA+.

The decision follows the implementation of the agency’s covered bond criteria published on 14 March 2011.

 

 

 

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