Moody’s rating on our long term debt
Moody’s released for the first time its credit opinion on IGD’s long term debt on 17 May 2016. On 21 December 2017, thanks to the positive performance recorded throughout the year, Moody’s confirmed the rating Baa3 on our debt with a stable outlook: this allow us to access to the debt capital markets at conditions aligned to those of issuers with the best creditworthiness. On 30 May 2018, following the decision of evaluating the possibility to downgrade Italy,s sovereign rating, Moody’s change its outlook for IGD from stable to negative.
IGD’s solid creditworthiness, confirmed by the investment grade Baa3 rating granted, will allow the company to continue to access the debt capital markets at more favorable conditions than in the past.