TERNA S.P.A. TERNA: S&P RAISES OUTLOOK TO STABLE
After two years, the rating agency improves the outlook of the national transmission
system operator. Long-term corporate credit rating was affirmed at BBB+
Rome, 27 October 2020 - Today, S&P Global ratings (S&P) has affirmed the long-term corporate credit rating on Terna S.p.A. (Terna) at 'BBB+', one notch above Republic of Italy's rating. Besides, as a result of the change in the outlook on Italy's government bond ratings to stable from negative, S&P has consequently revised the outlook of Terna to stable from negative. At the same time, the Agency has also affirmed Terna's short-term rating at 'A-2'. Finally, S&P has affirmed the Company's Stand-Alone Credit Profile (SACP) at 'a-'.
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Terna Rete Elettrica Nazionale S.p.A. published this content on 27 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 October 2020 18:39:05 UTC
