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Back comunicato 29 marzo 2016
Fitch withdraws Meliorbanca’s ratings on merger into BPER
Banca popolare dell’Emilia Romagna informs that on 28 March 2013, Fitch Ratings has affirmed Meliorbanca's ratings and subsequently withdrawn them. The withdrawal follows the merger of Meliorbanca into its parent, Banca popolare dell’Emilia Romagna (“BBB/Neg/F3”).
The ratings are being withdrawn because following the merger, the issuer has ceased to exist as a legal entity.
The rating actions are:
Meliorbanca Long-term Issuer Default Rating (IDR): affirmed at “BBB” with a Negative Outlook; withdrawn Short-term IDR: affirmed at “F3”; withdrawn Support Rating: affirmed at “2”; withdrawn Senior unsecured debt: affirmed at “BBB”; withdrawn
The original text of the press release published by Fitch is available on the rating agency’s web site (www.fitchratings.com).
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