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The new rating also applies to CDP’s €6 billion multi-currency Commercial Paper Programme
Today Cassa depositi e prestiti Spa (CDP) has obtained from Scope Ratings AG (Scope) a public rating on its short-term debt equal to S-1, with Stable Outlook.
The same rating has also been assigned to CDP’s multi-currency Commercial Paper Programme, launched in 2014 and expanded this year from €3 billion to €6 billion. The agency’s analysis highlights the following points supporting the short-term rating:
Scope's short-term rating is added to those already assigned by the other international agencies that currently cover CDP: S&P (A-2), Moody's (P-2) and Fitch (F2).