Unipol Assicurazioni Shares Credit Rating Update Following Merger Completion
Reuters
01-16
Jan 16 (Reuters) - Unipol Assicurazioni SpA :: *HAS BEEN ASSIGNED “BAA2/STABLE OUTLOOK” INSURANCE FINANCIAL STRENGTH RATING BY MOODY’S *HAS BEEN ASSIGNED “A-/POSITIVE OUTLOOK“ INSURER FINANCIAL STRENGTH RATING BY FITCH *HAS BEEN ASSIGNED “A $(HIGH.AU)$/STABLE TREND” FINANCIAL STRENGTH RATING BY MORNINGSTAR DBRS *MOODY’S UPGRADED UNIPOL’S SENIOR UNSECURED DEBT RATING AND LONG-TERM ISSUER RATING TO “BAA3” FROM “BA1”, SENIOR UNSECURED MEDIUM-TERM NOTE PROGRAM TO “(P)BAA3” FROM “(P)BA1”, WITH STABLE OUTLOOK *FITCH UPGRADED UNIPOL’S SENIOR NOTES TO “BBB+” FROM “BBB” AND AFFIRMED LONG-TERM ISSUER DEFAULT RATING AT “BBB+”, WITH POSITIVE OUTLOOK *MORNINGSTAR DBRS UPGRADED THE ISSUER RATING OF UNIPOL TO “A$(HIGH)$” FROM “BBB” WITH STABLE TREND *Further company coverage: UNPI.MI * (Gdansk Newsroom) * ((gdansk.newsroom@thomsonreuters.com; +48587696600;))