Moody’s gives Baa2 to Generali notes

Moody's Investors Service said it assigned a Baa2(hyb) rating to the €500 million fixed-rate green senior subordinated tier 2 notes due 2033 to be issued by Assicurazioni Generali SpA (Generali, Baa1 senior unsecured rating, stable outlook) under its €15 billion EMTN program.

The Baa2(hyb) rating reflects Moody's Baa1 senior unsecured debt rating of Generali and Moody's standard notching practices for such instruments.

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