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Italgas Capital/Financing Update 2019

Sep 26, 2019

4178_rns_2019-09-26_f748a6fb-ec99-400f-9c27-0453df7ee6a4.pdf

Capital/Financing Update

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Informazione
Regolamentata n.
0167-52-2019
Data/Ora Ricezione
26 Settembre 2019
13:37:57
MTA
Societa' : ITALGAS
Identificativo
Informazione
Regolamentata
: 122962
Nome utilizzatore :
ITALGASN01 - Porro
Tipologia : 3.1
Data/Ora Ricezione :
26 Settembre 2019 13:37:57
Data/Ora Inizio
Diffusione presunta
:
26 Settembre 2019 13:37:58
Oggetto : Moody's affirms Italgas at 'Baa2', Stable
Outlook
Testo del comunicato

Vedi allegato.

Moody's affirms Italgas at 'Baa2', Stable Outlook

Milan, 26 September 2019 – Moody's Investors Service ("Moody's") has affirmed Italgas S.p.A Long-Term Issuer Rating at 'Baa2' with Stable Outlook.

The rating affirmation reflects Italgas Group's strong focus in a sector supported by a well-established regulatory framework.

Moody's highlights Italgas' solid profitability and cash flow generation, underpinned by a good degree of operating efficiencies and by an extremely low cost of debt; according to the rating agency, the progressive implementation of the updated 2019- 2025 investment plan and the Company's sound liquidity profile will provide Italgas with a competitive advantage in the upcoming tenders.

This press release is available at the following address www.italgas.it

Investor Relations Italgas +39 02 8187 2012 investor.relations@italgas.it

Italgas Press Office +39 02 8187 2020 [email protected]