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Edison downgrades Fitch to BB-

The negative impact of the "prolonged" negotiations between the shareholders of the Foro Buonaparte group weighs on the decision of the American agency.

Edison downgrades Fitch to BB-

Property woes weren't enough to ruin Edison's Christmas. Even from the United States they wanted to give their contribution. The viewfinder is once again that of a rating agency, Fitch, that downgraded the Italian energy company to BB- level.

According to the official press release, the cut is due precisely "to the negative impact of the prolonged negotiations" among the shareholders of the Foro Buonaparte group: "Together with a high probability of a further postponement of the negotiations - Fitch explains again - the liquidity position of Edison remains weak”.

Despite the bad news, at the end of the morning Edison's shares continued to be positive in Piazza Affari, recording an increase of more than one point. 

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