Moody’s affirms ratings on CDP Reti at “Baa3”

Press release

Moody’s affirms ratings on CDP Reti at “Baa3”

Rome, 19 October 2016 The agency Moody’s Investors Service has confirmed the long-term rating and the senior unsecured rating on CDP Reti (CDP Group) at “Baa3”, with a stable outlook. ...

Rome, 19 October 2016

The agency Moody’s Investors Service has confirmed the long-term rating and the senior unsecured rating on CDP Reti (CDP Group) at “Baa3”, with a stable outlook.

 

CDP Reti Spa is an investment vehicle owned by Cassa depositi e prestiti Spa (59.1%), State Grid Europe Limited, a member of State Grid Corporation Group of China (35%), and a group of Italian institutional investors (5.9%), that manages CDP Group’s investments in Snam (28.98%) and Terna (29.85%).

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