S&P puts Atlantia on review

S&P said it placed its BBB issuer credit ratings on Atlantia SpA and Autostrade per l'Italia on CreditWatch with negative implications.

The agency also placed its BBB- issue rating on Atlantia's senior unsecured notes and the BBB issue rating on Autostrade per l'Italia’s senior unsecured notes on Creditwatch with negative implications.

At the same time, the agency placed its BBB+ ratings on Aeroporti di Roma on CreditWatch with negative implications due to its partial linkage to Atlantia.

“The CreditWatch placement reflects our view of the increased likelihood that a tough regulatory and operating environment could hurt ASPI's – and therefore its parent, Atlantia's – operations and finances,” the agency said in a news release.

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