Creditreform Rating AG has withdrawn the corporate issuer rating of Aeroporti di Roma S.p.A. because the monitoring process was discontinued. The rating is set at N.R. (Not Rated)
Creditreform Rating has set the unsolicited corporate issuer rating of Aeroporti di Roma S.p.A. at BB+ Watch NEW. The downgrade of the unsolicited corporate issuer rating reflects the group connection to its parent company Atlantia S.p.A. and the downgrade of its corporate issuer rating.
Creditreform rating set the initial unsolicited corporate issuer Rating of Aeroporti di Roma S.p.A. to BBB. The rating supplement Watch NEW is added. The Group operates two Roman airports on the basis of a long-term concession. The Group´s strong financial profile, long remaining life of its concession and high degree of regulated revenues have a positive effect on the rating. Due to the Group connection to the Atlantia Group (BBB / Watch NEW) the rating is constrained at BBB and the Watch NEW is transferred due to the current situation at Atlantia´s subsidiary Autostrade per l´Italia S.p.A. where uncertainties have arisen from the bridge collapse in Genoa in 2018.