Saipem Finance International B.V. — Moody’s announces completion of a periodic review of ratings of Saipem S.p.A.
Announcement of Periodic Review: Moody’s announces completion of a periodic review of ratings of Saipem S.p.A.
Global Credit Research – 24 Aug 2020
Frankfurt am Main, August 24, 2020 — Moody’s Investors Service (“Moody’s”) has completed a periodic review of the ratings of Saipem S.p.A. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody’s reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. The review did not involve a rating committee. Since 1 January 2019, Moody’s practice has been to issue a press release following each periodic review to announce its completion.
This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in