FS Italiane closed a new private placement with Eurofima, which subscribed Euro 240 million floating rate notes due on 10 October 2034.
The EU bank is supporting FS Italiane Group's investment plan covering new trainsets for Trenitalia's regional transport division. The trains will be less polluting and more efficient, and almost half will be for southern Italy.
Standard and Poor’s affirmed both the FS Group’s Issuer Credit Rating at “BBB” and the “Stand Alone Credit Profile” (SACP) at “bbb+”, the latter one notch above the overall FS rating and the Sovereign one. The outlook remains negative reflecting that on Italy.
Delivered to the Lazio Region was the first of 72 new Trenitalia (FS Italiane Group) trains that will guarantee the total renewal of the regional fleet by 2024. With 602 seats, the new Rock train is spacious, environmentally friendly and set to hit the FL1 (Orte — Roma — Fiumicino Airport) and FL3 lines (Roma — Cesano/Viterbo).