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Rating

08/05/2020 - 04:15 PM

The rating is a summary indicator of a company’s "creditworthiness", and is provided by various independent international agencies (Rating Agencies)

Below are Telecom Italia's credit ratings, both current and historical, by the following credit bureaus:

  • Standard & Poor's
  • Moody's
  • Fitch Ratings

 

Current Ratings assigned to the company

Moody's

S&P's

Fitch Ratings

Latest Update
30 June 2020
Latest Update
30 June 2020
Latest Update
30 June 2020
RatingOutlookRatingOutlookRatingOutlook
Ba1Negative
BB+StableBB+Stable

Ratings assigned to the bonds issued

All the bonds issued by Telecom Italia SpATelecom Italia Finance SA (guaranteed by Telecom Italia SpA) and Telecom Italia Capital SA (guaranteed by Telecom Italia SpA) are senior unsecured, therefore its's applied to them the same rating assigned to the issuer.

 

Rating History

The following tables illustrate the development of Telecom Italia's rating in a variable period.

 

Standard & Poor's

Telecom Italia S.p.A.23/11/2015Outlook and rating confirmedBB+STABLE
Telecom Italia S.p.A.28/11/2014outlook changedBB+STABLE
Telecom Italia S.p.A.
14/11/2013rating and outlook changedBB+NEGATIVE
Telecom Italia S.p.A.
07/10/2013rating under reviewBBB-CREDIT WATCH NEGATIVE
Telecom Italia S.p.A.12/08/2013outlook changedBBB-NEGATIVE
Telecom Italia S.p.A.23/05/2013rating and outlook changedBBB-STABLE
Telecom Italia S.p.A.14/02/2013rating under reviewBBB  *-CREDIT WATCH NEGATIVE
Telecom Italia S.p.A.04/10/2011outlook changedBBBNEGATIVE
Telecom Italia S.p.A.17/03/2008rating changed/ outlook changedBBBSTABLE
Telecom Italia S.p.A.30/03/2006rating confirmed/ outlook changedBBB+NEGATIVE
New Telecom Italia S.p.A. (after merger with TIM)07/12/2004rating confirmed/ outlook changedBBB+STABLE
New Telecom Italia S.p.A.26/11/2003rating confirmed/ outlook changedBBB+POSITIVE
New Telecom Italia S.p.A.30/07/2003 BBB+STABLE
Telecom Italia S.p.A.12/03/2003rating confirmed/ outlook changedBBB+STABLE
Telecom Italia S.p.A.05/06/2002rating confirmed/ outlook changedBBB+POSITIVE
Telecom Italia S.p.A.01/10/2001 rating confirmed/ positive watch removedBBB+STABLE
Telecom Italia S.p.A.30/07/2001rating confirmedBBB+POSITIVE WATCH
Telecom Italia S.p.A.02/04/2001rating confirmedBBB+POSITIVE WATCH
Telecom Italia S.p.A.28/03/2001assignment of the ratingBBB+POSITIVE WATCH

Moody's

Telecom Italia S.p.A.09/05/2017outlook changedBa1STABLE
Telecom Italia S.p.A.08/10/2013rating and outlook changedBa1NEGATIVE
Telecom Italia S.p.A.08/08/2013rating on reviewBaa3CREDIT WATCH NEGATIVE
Telecom Italia S.p.A.11/02/2013rating changedBaa3NEGATIVE
Telecom Italia S.p.A.08/09/2011outlook changedBaa2NEGATIVE
New Telecom Italia S.p.A.(after merger with TIM)12/05/2008rating confirmed/ outlook changedBaa2STABLE
New Telecom Italia S.p.A. (after merger with TIM)03/12/2007rating confirmed/ outlook changedBaa2NEGATIVE
New Telecom Italia S.p.A. (after merger with TIM)07/12/2004rating confirmedBaa2STABLE
New Telecom Italia S.p.A.12/08/2003 Baa2STABLE
Telecom Italia S.p.A.12/03/2003under review  NEGATIVE
Telecom Italia S.p.A.19/12/2001rating confirmed/ outlook changedBaa1POSITIVE
Telecom Italia S.p.A.02/10/2001under review Baa1STABLE

Fitch Ratings

Telecom Italia S.p.A.09/02/2017rating and outlook confirmedBBB-STABLE
Telecom Italia S.p.A.20/11/2015rating confirmed/ outlook changedBBB-STABLE
Telecom Italia S.p.A.04/10/2013rating changed/ outlook confirmedBBB-NEGATIVE
Telecom Italia S.p.A.05/08/2013rating changed/ outlook confirmedBBB-NEGATIVE
Telecom Italia S.p.A.11/10/2011rating confirmed/ outlook changedBBBNEGATIVE
Telecom Italia S.p.A.
11/12/2008rating changed/ outlook changedBBBSTABLE
Telecom Italia S.p.A.
11/04/2006rating changed/ outlook changedBBB+STABLE
New Telecom Italia S.p.A. (after merger with TIM)07/12/2004rating confirmed/ outlook changedA-NEGATIVE
New Telecom Italia S.p.A.05/08/2003
riaffirmed 12/11/2004
 A-STABLE