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Published on 5/12/2020 in the Prospect News Investment Grade Daily.

Fitch cuts CDP RETI

Fitch Ratings said it downgraded CDP RETI SpA's long-term issuer default rating and senior unsecured rating to BBB- from BBB.

The downgrade of CDP RETI reflects a recent downgrade on its parent, Cassa Depositi e Prestiti SpA, Fitch said.

The outlook is stable.


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