30.06.2016 00:18:00
|
Saipem S.p.A. -- Moody's assigns a (P)Ba1 rating to Saipem's Medium Term Note Programme
London, 29 June 2016 -- Moody's Investors Service, ("Moody's") has today assigned a Ba1-PD Probability of Default Rating (PDR) to Saipem S.p.A. (Saipem or the company) and affirmed its Ba1 Corporate Family Rating (CFR). Concurrently, the rating agency has assigned a (P)Ba1 rating to the new EUR2.0 billion medium term note (MTN) programme of Saipem S.p.A.. The outlook on the ratings is stable.