Announcements

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      Instrument data
      Senority
      Senior Unsecured
      Currency
      EUR
      ISIN
      XS0595269365
      Coupon percent
      4.45%
      Coupon type
      Fixed:Plain Vanilla Fixed Coupon
      Instrument volume
      450,000,000
      Maturity date
      24/08/2020
      -
      WD Outlook: N/A
      WD Outlook: N/A
      Latest change
      Withdrawal
      25/08/2020
      General information
      Rating
      Public
      Unsolicited
      With no issuer participation
      UK endorsed
      EU Rated
      Withdrawal reason: end of maturity of the debt obligation, or in case the debt is redeemed, called, prefunded, cancelled
      Eiko Sievert Lead analyst
      Dr. Giacomo Barisone Committee chair
      Scope revises the Outlook on Italy’s BBB+ long-term ratings to Negative

      15/5/2020 Rating announcement EN

      Scope revises the Outlook on Italy’s BBB+ long-term ratings to Negative

      Deteriorating public finances and weakness in Italy’s medium-run growth prospects drive the Outlook change. European institutional support, including from the ECB, the economy’s systemic importance and a strong external sector support the ratings.

      Scope downgrades Italy’s sovereign rating to BBB+ and changes Outlook to Stable

      7/12/2018 Rating announcement EN

      Scope downgrades Italy’s sovereign rating to BBB+ and changes Outlook to Stable

      Lack of a coherent reform agenda to address structural weaknesses and debt sustainability concerns drive the downgrade. Moderation of policy objectives, record of primary surpluses, and access to European backstops support the Stable Outlook.

      Scope affirms Italy’s rating at A- and revises the Outlook to Negative

      8/6/2018 Rating announcement EN

      Scope affirms Italy’s rating at A- and revises the Outlook to Negative

      Euro area membership, a large and diversified economy, primary surpluses, and low private debt support the rating. Implications of anti-establishment landscape, the new government’s programme and impact of tensions with Europe drive the Negative Outlook.

      Scope confirms and publishes Italy’s credit rating of A- and changes the Outlook to Stable

      30/6/2017 Rating announcement EN

      Scope confirms and publishes Italy’s credit rating of A- and changes the Outlook to Stable

      Euro area membership, large and diversified economy, track record of primary surpluses and reforms, and resilient debt structure support the rating. High public debt, growth below potential, banking fragilities and political uncertainties are constraints.

      Date Title