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Terna Capital/Financing Update 2022

Jul 29, 2022

4300_iss_2022-07-29_6d7d7eb4-54ec-49ca-8967-03cf83c605f3.pdf

Capital/Financing Update

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TERNA: S&P CONFIRMS THE LONG-TERM RATING AND REVISES THE OUTLOOK

Rome, 29 July 2022 – Today, S&P Global Ratings (S&P) affirmed the long-term rating on Terna S.p.A. (Terna) at BBB+, a notch above the rating on the Italian Republic, and revised Terna's outlook to stable from positive.

The decision by S&P came after the recent review of the assessment of the Italian Republic by the rating agency.