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

The rating agency Moody's has today 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 ba1 from baa3, which resulted in a downgrade of subordinated debt. The stable outlook is unchanged.

 

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

 

 

 

Milan, March 21, 2014