FNM S.p.A.: New issuer
Our credit view of FNM S.p.A. reflecting its diversified infrastructure portfolio but also the short average concession life, mitigated by the support from the Region of LombardyFNM is the operating holding company of the Gruppo Ferrovie Nord Milano. Co. and its subsidiaries are engaged in the transportation business, mainly railroad, in the Lombardy region. The Group also operates bus lines and air transport by helicopters. Co. is also involved in property development and real estate activities in relation to its transportion business function.
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