PRESS RELEASE
BANCA MPS:
FITCH REVISES BMPS RATING WATCH FROM NEGATIVE TO EVOLVING
Siena, 2 July 2020 - Banca Monte Paschi di Siena ("BMPS" or the "Bank") announces that, following the annual review of the Bank's credit profile, Fitch Ratings revised the "rating watch" on BMPS long-term ratings from "negative" to "evolving".
Moreover the Long-Term Deposit rating was upgraded to "B+" (from "B") following a change in the rating methodology.
The main ratings on "Rating Watch Evolving" are as follows:
• Long-Term Issuer Default Rating: "B"
• Viability Rating: "b"
• Long-Term Deposit Rating: "B+"
• Long-Term Senior preferred debt: "B"
• Long-Term Subordinated debt: "CCC+".
The full version of Fitch's press release can be viewed on the rating agency's website(www.fitchratings.com).
This press release shall be available onwww.gruppomps.it
For further information: | |
Banca Monte dei Paschi di Siena S.p.A. | |
Media Relations | Investor Relations |
Tel. +39 0577 296634 | Tel: +39 0577 299350 |
ufficio.stampa@mps.it | investor.relations@mps.it |
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Banca Monte dei Paschi di Siena S.p.A. published this content on 02 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 July 2020 17:33:01 UTC