Analyst Research

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Provider: Finlabo SIM Spa
Provider: Reuters Investment Profile
Provider: Thomson Reuters StreetEvents
Provider: Thomson Reuters StreetEvents

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Standard and Poor's Lowers Terna Rete Elettrica Nazionale SpA's Long-Term Rating; Affirms Short-Term Rating

Thursday, 11 Jul 2013 12:22pm EDT 

Terna Rete Elettrica Nazionale SpA announced that Standard and Poor's (S&P) lowered the Company's long-term corporate credit rating from A- to BBB+, affirming at the same time the short-term rating of the Company at A-2. The outlook assigned to the rating remains negative. This rating action follows the recent downgrade, from BBB+ to BBB, of the Republic of Italy. The rating of Terna remains one notch higher than that of the Italian Republic. 

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