Saipem's S&P Global rating revised from negative

5/28/2019

SAN DONATO, Milanese -- Saipem announces that S&P Global Ratings has published a research update affirming its “BB+” rating for the long term corporate credit rating, revising the outlook to stable from negative, and for senior unsecured facilities, including a $1.116 billion (€ 1 billion) revolving credit facility and four bond issues of $558.27 (€ 500 million) each executed under its Euro EMTN Programme.

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