The Moody's rating agency yesterday confirmed the long-term ratings on debt and deposits at 'Baa2' and revised the outlook from negative to stable. This decision reflects the change of outlook to stable of the 'Baa2' rating of Italian sovereign debt on February 14th. The rating agency also confirmed the long and short term ratings of UniCredit Leasing SpA at 'Baa3', revising the outlook to stable. The full text of Moody's press release is available on the agency's website: www.moodys.com.
Despite the promotion by Moody's, the Unicredit stock immediately lost 1,33% at the opening of the session, returning below the 6 euro threshold €5,915 per share.
