Fitch assigns Mediobanca “BBB+” IDR; Outlook Stable

Price Sensitive

Mediobanca hereby gives notice that Fitch Ratings has assigned Mediobanca Spa the following ratings:

  • Long-term IDR: “BBB+”, Outlook Stable
  • Short-term IDR: “F2”
  • Viability rating: “bbb+”
  • Support rating: “5”
  • Support rating floor: “No Floor”

Mediobanca’s long- and short-term IDRs are driven by its stand-alone intrinsic strength as captured in its VR. The VR reflects the Group’s strong historical franchise in specialized business segments in Italy, adequate risk appetite, acceptable capitalization and adequate funding profile, complemented by sound liquidity.

 

Milan, 16 April 2015

Mediobanca Group