The credit ratings of Atlantia are assigned by the leading international ratings agencies.
|Issuer||EMTN Programme (€10 billion)|
|Standard & Poor's||BBB||Negative||BBB-||Negative|
The credit ratings of Autostrade per l’Italia are as follows
|Issuer||EMTN Programme (€7 billion)(*)|
|Standard & Poor's||BBB||Negative||BBB||Negative|
|Moody's||Baa2||Under review||(P)Baa2||Under review|
(*) 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 notes have the same ratings of Autostrade per l'Italia's €7bn EMTN Programme.
The credit ratings of Aeroporti di Roma are as follows
|Issuer||EMTN Programme (€1.5 billion)|
|Standard & Poor's||BBB+||Negative||BBB+||Negative|