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UniCredit: Moody's affirms UniCredit SpA's debt and deposit ratings

The rating agency Moody's affirmed UniCredit SpA's Baa2 long-term debt and deposit ratings and its Prime-2 short term ratings. At the same time, Moody's lowered the "baseline credit assessment" to baa3 from baa2, which resulted in a downgrade of subordinated debt. The negative outlook is unchanged.

 

The full text of Moody's press release is available on the rating agency website www.moodys.com  

 

 

 

Milan, July 16, 2013