Moody's affirms UBI Banca's ratings following acquisition offer; outlook stable
Madrid, January 24, 2017-- Moody's Investors Service has today affirmed all ratings and assessments of Unione di Banche Italiane S.p.A.: the deposit ratings of Baa2/Prime-2; the long-term senior debt rating of Baa3; the subordinated debt rating of Ba3; the baseline credit assessment and adjusted BCA of ba2; and the Counterparty Risk Assessments of Baa2/ Prime-2. Furthermore, the rating of the backed Commercial Paper issued by UBI Banca International S.A. was affirmed at Prime-3.
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