Fondiaria-Sai S.p.A.: Standard & Poor’s revises rating to BBB- from BBB, negative creditwatch maintained
Wednesday, March 9, 2011
The rating agency Standard & Poor’s today revised the rating of Fondiaria-SAI S.p.A. and its principal subsidiary Milano Assicurazioni S.p.A. from BBB to BBB-.
Standard & Poor’s considers that communicated by Consob in relation to the query from Groupama and reported to the market may increase uncertainties concerning the successful completion of the share capital increase of PremafinHP S.p.A. and consequently of Fondiaria-SAI S.p.A..
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