The credit ratings of the main issuers of Atlantia Group are assigned by the following international ratings agencies.

 

 

Holding1
BBB-
Negative outlook
Baa3
Negative outlook
BBB
Negative outlook
2 BBB
Negative outlook
Baa2
Negative outlook
BBB+
Negative outlook
BBB+
Negative outlook
Baa2
Negative outlook
BBB+
Negative outlook
BBB
Stable outlook
n.d. BBB
Stable outlook
n.d. Baa3
Stable outlook
n.d.
n.d. Baa1
Stable outlook
n.d.

1) Credit ratings referred to Atlantia's bonds. S&P rating on Atlantia issuer is BBB, negative outlook.
2) Since December 2016 Autostrade per l'Italia has substitued Atlantia as the issuer of the bonds originally issued between 2004 and 2014 under the former Atlantia's EMTN Programme of Atlantia. These bonds therefore have the same ratings of Autostrade per l'Italia.