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UniCredit: Moody's affirms Baa1 rating with a stable outlook

(CercleFinance.com) - Global credit rating agency Moody's on Thursday affirmed UniCredit's long-term rating of "Baa1", saying that it was supported by Italy's government bond rating.


The affirmation comes as Moody's today took rating actions on 15 Italian banks, downgrading the outlooks on many of them.

Moody's is keeping a stable outlook for UniCredit.

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