Fitch Ratings Aligns UniCredit SpA's Rating with the Sovereign; Lowers Viability Rating; Affirms Negative Outlook


Monday, 18 Mar 2013 01:27pm EDT 

UniCredit SpA announced that the Rating Agency Fitch Ratings has aligned UniCredit SpA’s ratings with that of the recently downgraded sovereign Italy (BBB+ long- and F2 short-term Issuer Default Rating). The Viability (= standalone) rating has been lowered to bbb+ from a-. As a consequence outstanding debt ratings have also been lowered. The negative outlook is unchanged.