Profil:
UniCredit SpAUNICREDIT SPA (37/2025) Standard _ Poor's upgrades UniCredit rating to BBB+ and improves outlook to Positive as eligible to be rated above the sovereign
Raport bieżący z plikiem 37/2025
Podstawa prawna: Inne uregulowania
The rating agency Standard _ Poor's has today upgraded UniCredit SpA Issuer Credit Rating ("ICR") and Senior Preferred rating by one notch from 'BBB' to 'BBB+'.
Standard _ Poor's also improved the outlook to "Positive", reflecting the agency's view that the bank is potentially eligible to be rated above the domestic sovereign. This will also depend on the bank's final shape and balance sheet following the outcome of the potential Banco BPM and Commerzbank transactions.
According to the agency, UniCredit has accumulated buffers to support senior bondholders and has potential upside on its standalone rating given higher geographic diversification in comparison to its peers.
Also Senior Non-Preferred and Tier 2 ratings have been upgraded by one notch, with Tier 2 receiving investment grade rating at 'BBB-'.
The Short-Term Issuer Credit Rating has been affirmed at 'A-2'.
The full text of S_P's press release is available on the rating agency's website: https://www.spglobal.com/ratings/en/
Milan, 18 April 2025
Contacts
Media Relations: e-mail MediaRelations@unicredit.eu
Investor Relations: e-mail InvestorRelations@unicredit.eu
Więcej na: http://biznes.pap.pl/pl/reports/espi/all,0,0,0,1
[English version below]
More information on page: http://biznes.pap.pl/en/reports/espi/all,0,0,0,1