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Cassa Depositi e Prestiti Spa (CDP) announces that on 13 July 2012 the rating agency Moody’s has lowered the rating on CDP’s Covered Bond Programme from Aa2 to A2 on review for downgrade.
The decision follows the downgrade of the Republic of Italy and the consequent lowering of Italy’s country debt ceiling to A2.
Rome, 16 July 2012