Banca Monte dei Paschi S.p.A. announces that on January 31 2017 DBRS assigned ratings to the State Guaranteed Notes issued on January 25 2017, regulated by the Law Decree no. 237/2016.
DBRS assigned a short-term rating of R-1 (low) to “Banca Monte dei Paschi di Siena S.p.A. 360 days 0.50% January 20 2018 with State Guarantee ISIN IT0005240491” and assigned a long-term rating of BBB (high) to “Banca Monte dei Paschi S.p.A. 0.75% January 25 2020 with State Guarantee ISIN IT0005240509”. The trend on both the ratings is Stable. Considering that the bonds are unconditionally and irrevocably guaranteed by the Italian State, the
ratings and the trends are in line with the Republic of Italy.
For details, a press release of the rating agency is available at web site www.dbrs.com.