UNICREDIT: UniCredit SpA’s S&P ratings capped at the sovereign level, but UniCredit Bank AG and UniCredit Bank Austria’s ratings affirmed

Raport bieżący nr 32/2012
Podstawa prawna:

Art. 56 ust. 1 pkt 2 Ustawy o ofercie - informacje bieżące i okresowe

PRESS RELEASE

UNICREDIT: UniCredit SpA’s S&P ratings capped at the sovereign level, but UniCredit Bank AG and UniCredit Bank Austria’s ratings affirmed

The rating agency Standard&Poor’s ("S&P") has today aligned UniCredit SpA’s ratings with that of the sovereign (Italy is rated "??BBB+’ long- and "??A2’ short-term with a negative outlook) as the ratings are "capped" according to Standard&Poor’s criteria. The stand-alone creditworthiness of UniCredit SpA has been confirmed at "a-" (S&P’s so called "SACP", Stand-Alone Credit Profile), although the Italian banking system has been downgraded (S&P’s "BICRA", Banking Industry Country Risk Assessment score to 4 from 3). Some capital instruments have been downgraded.

At the same time S&P confirmed UniCredit SpA’s core subsidiaries UniCredit Bank AG and Bank Austria AG at "??A’ long- and "??A1’ short-term with a negative outlook.

UniCredit Leasing SpA "??s ratings have been lowered to "??BBB+’ long-term and "??A2’ short-term with a negative outlook.

Standard&Poor’s has taken various rating actions on other Italian banking groups as well.

The full text of Standard&Poor’s press release is available on the rating agency website www.standardandpoors.com.

Milan, 10th February 2012

Enquiries:

Media Relations: Tel. +39 02 88628236; e-mail: MediaRelations@unicredit.eu

Investor Relations: Tel: +39 02 88628715; e-mail: InvestorRelations@unicredit.eu

Załączniki:

Plik;Opis
Iwona Milewska - Attorney of UniCredit