Financial

Banca Mps: Moody’s confirms all bmps ratings and changes the Outlook to “Developing” following the deterioration in the italian economic environment due to Covid-19

Siena, 26 March 2020 – Banca Monte Paschi di Siena (“the Bank”) announces that Moody’s Investors Service (“Moody’s”) rating agency has confirmed all Bank’s ratings and has changed the long-term outlook for deposit (“B1”) and senior unsecured debt (“Caa1”) to “developing” (from “positive”) following the deterioration in the economic and financial environment in Italy due to COVID-19 outbreak.

The full version of Moody’s press release can be viewed on the rating agency’s website (www.moodys.com).

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