UniCredit S.p.A. - Moody's confirms UniCredit ratings following the offer on Commerzbank, reiterating potential for stand-alone rating upgrade
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Moody's has confirmed UniCredit S.p.A.'s Senior Preferred and Long-Term Deposit ratings at 'A3', which is two notches above Italy's sovereign rating, with a Stable outlook. The agency indicated that if UniCredit acquires Commerzbank, its stand-alone rating could be upgraded from baa2 to baa1, enhancing ratings on senior non-preferred and junior debt as well.
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