S&P revises views on Atlantia, ASPI, Aeroporti view to developing

S&P said it revised the outlooks to developing for Atlantia SpA, ASPI and Aeroporti di Roma.

“We believe the Italian government's preliminary agreement with ASPI, announced on July 15, 2020, and alternative proposals set out by Atlantia SpA on Aug. 4, 2020, could lead to a settlement of the dispute on serious breaches of the ASPI concession, which started with the Genoa bridge collapse on Aug. 14, 2018. The content, timing, and procedures of the settlement remain unclear at this stage,” S&P said in a press release.

The agency affirmed the BB- long-term issuer credit ratings on Atlantia and its core subsidiary ASPI and our BB+ratings on Atlantia's subsidiary Aeroporti di Roma.

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