Press release

Moody's rating on CDP's Covered Bond Programme

Rome, 24 June 2011

Cassa depositi e prestiti Spa (CDP) announces that today Moody's, the rating agency, placed CDP's Covered Bond Programme’s rating on review for a possible downgrade from its current level of Aaa.

The decision comes in the wake of the same move taken by the agency for the rating on Republic of Italy debt, on 17 June 2011, and for the rating on CDP, on 23 June 2011.




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