Intesa Sanpaolo, Morningstar DBRS confirms rating and revises trend to positive

Intesa Sanpaolo Morningstar DBRS confirms rating and revises trend to

(Finance) – Intesa Sanpaolo announces that the international agency Morningstar DBRS has confirmed the long-term senior preferred (unsecured) rating at ‘BBB (high)’, revising the trend from stable to positive.

The short-term rating was confirmed at ‘R1 (low)’ with a stable trend.

This action follows the similar revision of the long-term trend regarding Italy announced by the agency on October 25th, explains a note.

Furthermore, the short-term rating of the issuer Intesa Sanpaolo was confirmed at ‘R-1 (low)’ with the trend revised from stable to positive.

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