Announcements
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10/9/2021 Rating announcement EN
Scope revises the City of Milan’s Outlook to Stable from Negative, affirms rating at BBB+
The Outlook change for the city is driven by the revision of the Outlook on Italy’s ratings to Stable from Negative. Milan’s strong individual credit profile and a supportive institutional framework underpin the rating affirmation.
4/12/2020 Rating announcement EN
Scope affirms and publishes the City of Milan’s BBB+ credit rating, the Outlook remains Negative
Milan’s sound budgetary management, ample liquidity and wealthy economy underpin the rating. High debt and limited revenue flexibility are challenges. The Negative Outlook reflects the Negative Outlook on Italy’s ratings.