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Adr, possible rating upgrade by Moody's

The rating agency assessed that the approved regulatory framework (programme agreement) strengthens ADR's credit profile thanks to a more transparent and effective tariff framework, and provides greater clarity.

Adr, possible rating upgrade by Moody's

Moody's has subjected Aeroporti di Roma's Ba2 rating to review for a possible upgrade. The same agency communicates it, explaining that the approved regulatory system (programme agreement) strengthens Adr's credit profile thanks to a more transparent and effective tariff framework, and provides greater clarity regarding the rights and obligations of the company pursuant to the concession contract for the management of the Roman airport system until 2044.

Furthermore, the agency believes that these factors will positively influence the funding and refinancing strategy in the short to medium term. Moody's considers ADR's core business and financial profile to be in line with those of an investment grade company, in light of the quality of its assets and traffic trends over time.

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