Posted in Press release, Rating
Fitch upgrades AMCO’s rating to ‘BBB’ and ‘F2’
FITCH UPGRADES AMCO’S RATING TO ‘BBB’ AND ‘F2’, OUTLOOK ‘STABLE’
- Long-Term Rating upgraded to ‘BBB’ (from ‘BBB-‘) with ‘Stable’ outlook, Short-Term Rating to ‘F2’ (from ‘F3’)
Milan, December 16th, 2021. Today Fitch Ratings (“Fitch”) upgraded AMCO’s Long-Term Issuer Default Rating (“IDR) to ‘BBB’ from ‘BBB-‘ with ‘Stable’ outlook and the Short-Term IDR to ‘F2’ from ‘F3’.
AMCO’s rating continues to be aligned with the rating assigned to the Italian Republic. It should be noted that, on December 3rd 2021, Fitch upgraded Italy’s rating to ‘BBB’ (from ‘BBB-‘) with ‘Stable’ outlook.
