Moody's Affirms UniCredit SpA's Debt and Deposit Ratings

Tuesday, 16 Jul 2013 03:51am EDT 

UniCredit SpA announced that the rating agency Moody’s affirmed UniCredit SpA's Baa2 long-term debt and deposit ratings and its Prime-2 short term ratings. At the same time, Moody’s lowered the baseline credit assessment to baa3 from baa2, which resulted in a downgrade of subordinated debt. The negative outlook is unchanged. 

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