Italgas

Capital/Financing Update • Nov 10, 2023

Informazione Regolamentata n. 0167-70-2023		Data/Ora Inizio Diffusione 10 Novembre 2023 12:44:20	Euronext Milan
Societa'	:	ITALGAS
Identificativo Informazione Regolamentata	:	183179
Nome utilizzatore	: ITALGASN01 - Scaglia
Tipologia	:	3.1
Data/Ora Ricezione	:	10 Novembre 2023 12:44:19
Data/Ora Inizio Diffusione	:	10 Novembre 2023 12:44:20
Oggetto	:	Moody's Investors Service (Moody's) affirms Rating and Outlook
Testo del comunicato

Vedi allegato.

Press Release

Italgas: Moody's Investors Service (Moody's) affirms Rating and Outlook

Milan, 10 November 2023 – Moody's Investors Service (Moody's) affirmed today Italgas S.p.A Long-Term Issuer Rating at 'Baa2', Negative Outlook that reflects Italgas' exposure to the Italian sovereign credit.

The rating affirmation is based on the strong track record of operational efficiencies and on the solid financial position, as well as of the low risk profile of the gas distribution business, thus allowing Italgas to benefit from solid cash flows derived from regulated activities in Italy and Greece.

Furthermore, Moody's highlights the progressive implementation of the new 7.8 billion euro investment plan expected in 2023-2029 and the Company's solid liquidity profile, combined with the strong push for technological innovation and network digitalization, will provide Italgas with a competitive advantage in the upcoming tenders.

This press release is available on the following website: www.italgas.it

Investor Relations Italgas +39 02 8187 2175 investor.relations@italgas.it

Italgas Press Office +39 02 8187 2020 ufficio.stampa@italgas.it