Snam: Moody’s confirms rating at Baa2, outlook revised to negative from stable
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Snam: Moody’s confirms rating at Baa2, outlook revised to negative from stable

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Snam Company

San Donato Milanese (Milan), August 9 th, 2022 - Snam informs that today the rating agency Moody's Investors Services (Moody's) has confirmed the company's long-term corporate credit rating at Baa2 and revised the outlook to negative from stable.

The decision reflects the similar action taken on the outlook of the Italian government's sovereign rating (Baa3 with outlook revised to negative from stable) announced on August 5 th.

The confirmation of the rating is a recognition to the company's leadership in the energy infrastructure as well as its strategic role in executing the country's energy plan, alongside its stable and predictable cash flow generation from regulated operations in Italy.

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10 August 2022 - 10:56 CEST