The Rating Agency S&P Global Ratings ("S&P") has changed UniCredit SpA's outlook to negative (from stable).
The 'BBB' long- and 'A-2' short-term Issuer Credit Ratings have been affirmed. The instrument ratings have been affirmed as well.
For further details please see S&P's corresponding press release on the rating agency website www.capitaliq.com.
Milan, 29th April 2020