Brief: illimity Says Moody's Upgrades Bank's Ratings Following Completion Of Buyout Bid By Banca Ifis
18/07/2025 06:17
July 18 (Reuters) - illimity Bank SpA ILTY.MI: SAID ON THURSDAY MOODY'S RATING AGENCY HAD UPGRADED BANK'S RATINGS, BRINGING THEM IN LINE WITH THOSE OF BANCA IFIS UPGRADES LONG-TERM DEPOSIT RATING TO 'BAA2' FROM 'BAA3', STABLE OUTLOOK UPGRADES LONG-TERM ISSUER RATING TO 'BAA3' FROM 'BA1', STABLE OUTLOOK UPGRADES SENIOR UNSECURED DEBT RATING TO 'BAA3' FROM 'BA1', STABLE OUTLOOK UPGRADES SUBORDINATED DEBT RATING TO 'BA3' FROM 'B1' UPGRADES BASELINE CREDIT ASSESSMENT TO 'BA2' FROM 'BA3' Further company coverage: ILTY.MI (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))