November 19, 2015

Standard & Poor’s Affirms Webuild’s BB+ Rating, Outlook Stable

PRESS NOTES

Milan, November 19, 2015 - Standard & Poor’s Ratings Services has affirmed its “BB+” long-term corporate credit rating for Salini Impregilo (MTA: SAL), Italy’s leading infrastructure group operating in more than 50 countries. The outlook remains stable. It also confirmed its “BB+” issue rating for €400 million senior unsecured notes maturing in 2018.

Standard & Poor’s said the solid order backlog adds significant visibility to future revenues over the next few years. It also said Salini Impregilo’s acquisition of Lane Industries Inc will significantly strengthen the group’s presence in the U.S. infrastructure market and improve its country risk profile to “intermediate” from “moderately high”. 

Standard & Poor’s Affirms Webuild’s BB+ Rating, Outlook Stable
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