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8 months ago
BRIEF-S&P affirms UniCredit ratings at "BBB-/A-3" after strategic plan
December 20, 2016 / 4:54 PM / 8 months ago

BRIEF-S&P affirms UniCredit ratings at "BBB-/A-3" after strategic plan

Dec 20 (Reuters) - Italy's UniCredit:

* credit rating agency S&P affirms the lender's ratings at "BBB-/A-3", outlook stable, after strategic plan presentation

* S&P says in a statement that if plan executed it will have "a positive impact on UniCredit's financial profile though this is unlikely to be sufficient to rate the bank above the BBB- long-term sovereign credit rating on Italy" Further company coverage: (Reporting by Milan newsroom)

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