UniCredit: S&P changed UniCredit SpA’s outlook to stable from negative

The Rating Agency S&P Global Ratings (“S&P”) has changed UniCredit SpA’s outlook to stable (from negative). The ‘BBB’ long- and ‘A-2’ short-term Issuer Credit Ratings have been affirmed. The issue ratings have been affirmed as well. In S&P’s view, UniCredit has materially improved its resilience to withstand a hypothetical default of the Italian sovereign (‘BBB/A-2/negative outlook’). […]

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