Banco BPM SpA

Interest Rate Update/Notice • Mar 26, 2020

Informazione Regolamentata n. 1928-49-2020		Data/Ora Ricezione 26 Marzo 2020 13:28:14	MTA
Societa'	:	Banco BPM S.p.A.
Identificativo Informazione Regolamentata	:	129594
Nome utilizzatore	:	BANCOBPMN01 - Marconi
Tipologia	:	3.1
Data/Ora Ricezione	:	26 Marzo 2020 13:28:14
Data/Ora Inizio Diffusione presunta	:	26 Marzo 2020 13:28:15
Oggetto	:	Moody's has taken rating actions on 15 Italian banks following the Coronavirus outbreak
Testo del comunicato

Vedi allegato.

NEWS RELEASE

Moody's has taken rating actions on 15 Italian banks following the Coronavirus outbreak:

All Banco BPM ratings are affirmed, with Outlook on the Long-Term Deposit rating

changed from Stable to Negative

Milan/Verona, 26 March 2020 – We herewith inform that, in the early hours today, Moody's Investors Service has announced rating actions taken on 15 Italian banks, as a reflection of the crisis caused by the coronavirus outbreak and of the potential downside risks which the rating agency foresees for the national banking sector.

In this context, Moody's has affirmed all ratings assigned to Banco BPM, including the Baseline Credit Assessment (at ba3), the Long and Short-term Deposit ratings (at Baa3/P-3), as well as the Issuer and Long-term Senior Unsecured rating (at Ba2, with Negative Outlook also confirmed).

Moody's has instead, in relation to Banco BPM, changed the Outlook, from Stable to Negative, on the Long-Term Deposit rating.

For further information, please see the press release published by Moody's.

Contacts:

Investor Relations Roberto Peronaglio +39 02. 94.77.2108 investor.relations@bancobpm.it Communication Matteo Cidda +39 02.77.00.7438 matteo.cidda@bancobpm.it Press Office Monica Provini +39 02.77.00.3515 monica.provini@bancobpm.it