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Terna Capital/Financing Update 2023
4300_iss_2023-11-21_48908341-b24b-4833-b7ad-635dd349de82.pdf
Capital/Financing Update
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MOODY'S UPGRADES THE OUTLOOK OF TERNA
The rating agency confirmed the ratings of the company
Rome, 21 November 2023 - Moody's today affirmed the long-term rating of Terna S.p.A. (Terna) at 'Baa2', a notch above the rating of the Italian Republic. The rating agency also affirmed Terna's 'P-2' short-term rating and the 'Ba1' rating of Terna's subordinated debt.
At the same time, Moody's has upgraded Terna's outlook to stable from negative. The decision on the outlook came after the recent review of the assessment of the Italian Republic by the rating agency.
