Moody’s revises Eni outlook to stable

Moody’s Investors Service said it revised its outlook for ENI SpA and its subsidiaries Eni Finance International SA and Eni USA Inc. to stable from negative.

“The stable outlook on Eni's ratings is driven by the rating action on the Italian sovereign rating on Nov. 17, 2023 in which the outlook on Italy's Baa3 rating was changed to stable,” Moody’s said in a press release.

The agency also affirmed their ratings, including Eni’s SpA’s Baa1 senior unsecured ratings and the Baa2 backed senior unsecured rating of Eni USA.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.