Milan, 26 September 2019 - Moody's Investors Service ('Moody's') has affirmed Italgas S.p.A Long-Term Issuer Rating at 'Baa2' with Stable Outlook.
The rating affirmation reflects Italgas Group's strong focus in a sector supported by a well-established regulatory framework.
Moody's highlights Italgas' solid profitability and cash flow generation, underpinned by a good degree of operating efficiencies and by an extremely low cost of debt; according to the rating agency, the progressive implementation of the updated 2019-2025 investment plan and the Company's sound liquidity profile will provide Italgas with a competitive advantage in the upcoming tenders.
Allegati
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Italgas S.p.A. ha pubblicato questo contenuto il 26 luglio 2021 ed è responsabile delle informazioni in esso contenute. Distribuito da Public, senza apportare modifiche o alterazioni, il 26 luglio 2021 21:16:04 UTC.
