...- In line with our expectations, the disposal of Autostrade per l'Italia (ASPI) by Atlantia to the consortium led by Cassa Depositi e Prestiti is approaching completion. - This, together with the effectiveness of the settlement agreement, would settle the dispute over the ASPI concession started with the Italian Ministry of Infrastructure and Sustainable Mobility after the Genoa bridge collapsed in August 2018, thereby removing the risk of a termination of the concession that might have otherwise triggered an early repayment of ASPI's and, in turn, Atlantia's, debt. - We therefore affirmed our '##' issuer and issue credit ratings on Atlantia, ASPI, and their senior unsecured debt. - The positive outlook on ASPI indicates that, once all condition precedents are met and the disposal is completed, we could raise the ratings on ASPI, depending on its individual underlying credit quality and our view of potential new shareholder involvement or support. The positive outlook on Atlantia indicates...
