Fitch confirms FS rating at “BBB” and stable outlook

FS Board of Directors approves new bonds up to 3

(Finance) – The score assigned to the FS Group has been raised by virtue of its crucial role in the growth of the country. L’Fitch Ratings agency has confirmed there annual assessment of the credit profile of Ferrovie dello Stato Italiane with a “BBB” rating and a stable outlook. A judgment that reflects that of the Italian Republic.

As stated on FS News, the information portal of the Ferrovie dello Stato Group, the rating agency, at the same time, raised the score assigned to FS by virtue of the central role that the Group led by the CEO Luigi Ferraris plays for infrastructural growth and for the country’s green transition. The analysts’ assessment is based on the “government-related entity rating criteria” methodology and takes into account the improvement of the company’s assessment in relation to the “Socio-Political Implications of Default”.

Finally, FS Italiane’s Standalone Credit Profile has been confirmed at ‘BBB’, also in line with that of the Italian Republic.

tlb-finance