Standard & Poor’s Affirms UniCredit SpA's Long and Short Term Issuer Default Rating

Wednesday, 24 Jul 2013 12:50pm EDT 

UniCredit SpA announced that the Rating Agency Standard & Poor’s has affirmed UniCredit SpA’s BBB long- and A2 short-term Issuer Default Rating. At the same time the stand-alone credit profile (SACP = stand-alone rating) has been aligned at bbb from bbb+ due to increased economic and industry risks in Italy. The outlook remains negative. Debt ratings have not been affected by this rating action.