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Unicredit, S&P confirms rating. The outlook remains negative

The rating agency Standard & Poor's today confirmed the long-term "A" and short-term "A1" ratings for the Unicredit group

Unicredit, S&P confirms rating. The outlook remains negative

The rating agency Standard & Poor's today confirmed the long-term "A" and short-term "A1" ratings for Unicredit spa and its main subsidiaries. However, the outlook remains negative.

In line with the updated criteria for hybrid securities, “Liwer Tier 2” and “Tier 1” issuances have been revised down one notch to BBB+ and BBB- respectively

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