Telecom Italia hybrids stripped of equity credit on downgrade to junk
Moody’s has cut Telecom Italia’s rating to Ba1 after the resignation of its CEO Franco Bernabè, and Standard & Poor’s is widely expected to follow suit with a parallel downgrade.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts