Moody’s: Five Italian infrastructure issuers to negative

Moody's Investors Service said it affirmed the ratings on the following infrastructure issuers domiciled in Italy and changed the outlooks on the ratings on these issuers to negative from stable: Atlantia SpA, Autostrade per l'Italia SpA, Aeroporti di Roma SpA, Concessioni Autostradali Venete - CAV SpA.

The agency also affirmed the rating on SIAS - Societa Iniziative Autostradali e Servizi SpA. The outlook remains stable.

Moody’s said the actions follow the outlook change to negative from stable on the Italian government's Baa2 debt rating and reflect the pressure on the aforementioned issuers as a consequence of their linkages with the sovereign rating.

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