Unicredit — Capital/Financing Update 2020

Mar 25, 2020

The Rating Agency Fitch Ratings has affirmed the ‘BBB’ Long-Term Issuer Default Rating (‘IDR’), ‘F2’ Short-Term Rating and ‘bbb’ Viability (i.e. standalone).

The outlook has been affirmed at negative.

Ratings for SNP, Tier2 and AT1 which have been under criteria observation (‘UCO’) due to update in Banking Rating Methodology, have been resolved. SNP will be rated ‘BBB-‘, Tier 2 ‘BB+’ and AT1 ‘BB-‘.

For further details please see Fitch Ratings’ corresponding press release on the rating agency website www.fitchratings.com.

Milan, 24th March 2020

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