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BRIEF-Poland's PZU says S&P maintains its rating at A-
December 22, 2016 / 3:47 PM / a year ago

BRIEF-Poland's PZU says S&P maintains its rating at A-

Dec 22 (Reuters) - Grupa PZU

* Poland’s largest insurer, the state-run PZU, said on Thursday S&P Global Ratings has maintained the company’s rating at A- following the insurer’s deal to buy a stake in Bank Pekao from Italy’s Unicredit.

* “We are satisfied that a positive assessment of the transaction by the financial market has been strengthened today by the decision of the S&P agency,” PZU’s Chief Executive Officer Michal Krupinski said in a statement. Further company coverage: (Reporting by Marcin Goettig)

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