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Credit Rating

The Snam Group has access to capital markets in order to meet its short and long term financial needs through different sources of funding with the goal to maintain a solid and efficient capital structure.

Moody's

  • Last update: 22 Sep. 2017
  • Long term: Baa1
  • Short term: not assigned
  • Outlook: Negative
Publishing date: 16 July 2012

Standard & Poor's

  • Last update: 30 Oct. 2017
  • Long term: BBB+
  • Short term: A-2
  • Outlook: Stable
Previous rating: BBB (9 December 2014)

Fitch

  • Last update: 28 Sep. 2017
  • Long term: BBB+
  • Short term: F2
  • Outlook: Stable
Publishing date: 23 July 2015

Bond's rating is the same of the issuer's one (Moody's: Baa1 - Standard&Poor's: BBB+ - Fitch: BBB+).

Snam didn't have a credit rating until 2012, since financed through the former controlling company ENI.

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updated
08 March 2018 - 14:13 CET