Report
EUR 176.76 For Business Accounts Only

A2A S.p.A.: Exit from EPCG improves business mix

INFRASTRUCTURE AND PROJECT FINANCE ISSUER COMMENT 6 July 2017 RATINGS LT Issuer Rating (Domestic) Baa3 Outlook Stable Senior Unsecured MTN (Domestic) (P) Baa3 Contacts Alessandra MacDonald 44-20-7772-1771 Analyst [email protected] Neil Griffiths- Lambeth 44-20-7772-5543 Associate Managing Director [email protected] Raffaella Altamura 44-20-7772-8613 VP-Senior Analyst
Underlying
A2A S.p.A.

A2A is a multiutility company. Co. primarily operates in the following sectors: the production, sale and distribution of electricity; the sale and distribution of gas; the production, distribution and sale of heat through district heating networks; waste management (from collection and sweeping to disposal) and the construction and management of integrated waste disposal plants and systems, also making these available for other operators; and integrated water cycle management.

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
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    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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