Research Update: Italian City of Milan Upgraded To 'BBB' After The Same Action On Italy; Outlook Stable - S&P Global Ratings’ Credit Research

Research Update: Italian City of Milan Upgraded To 'BBB' After The Same Action On Italy; Outlook Stable

Research Update: Italian City of Milan Upgraded To 'BBB' After The Same Action On Italy; Outlook Stable - S&P Global Ratings’ Credit Research
Research Update: Italian City of Milan Upgraded To 'BBB' After The Same Action On Italy; Outlook Stable
Published Nov 10, 2017
6 pages (2074 words) — Published Nov 10, 2017
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

We raised our unsolicited ratings on Italy to 'BBB/A-2' from 'BBB-/A-3' on Oct. 27, 2017, and assigned a stable outlook. We cap our long-term ratings on Italian local and regional governments, including Milan, at the level of the long-term rating on Italy. As a result, we are raising our long-term rating on Milan to 'BBB' from 'BBB-'. The stable outlook on Milan mirrors that on Italy. On Nov. 10, 2017, S&P Global Ratings raised its long-term issuer credit rating on the City of Milan to 'BBB' from 'BBB-'. The outlook is stable. As a "sovereign rating" (as defined in EU CRA Regulation 1060/2009 "EU CRA Regulation"), the rating on the City of Milan is subject to certain publication restrictions set

  
Brief Excerpt:

...We raised our unsolicited ratings on Italy to `###/A-2' from `###-/A-3' on Oct. + 27, 2017, and assigned a stable outlook. We cap our long-term ratings on Italian local and regional governments, including + Milan, at the level of the long-term rating on Italy. As a result, we are raising our long-term rating on Milan to `###' from `###-'. + The stable outlook on Milan mirrors that on Italy. +...

  
Report Type:

Research Update

Ticker
1056Z@IM
Issuer
Milan (City of)
Sector
Global Issuers
Country
Italy
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Italian City of Milan Upgraded To 'BBB' After The Same Action On Italy; Outlook Stable" Nov 10, 2017. Alacra Store. May 09, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Italian-City-of-Milan-Upgraded-To-BBB-After-The-Same-Action-On-Italy-Outlook-Stable-1947891>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Italian City of Milan Upgraded To 'BBB' After The Same Action On Italy; Outlook Stable Nov 10, 2017. New York, NY: Alacra Store. Retrieved May 09, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Italian-City-of-Milan-Upgraded-To-BBB-After-The-Same-Action-On-Italy-Outlook-Stable-1947891>
  
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