Puglia, Region of — Moody’s announces completion of a periodic review of ratings of Puglia, Region of

Puglia, Region of — Moody’s announces completion of a periodic review of ratings of Puglia, Region of

Announcement of Periodic Review: Moody’s announces completion of a periodic review of ratings of Puglia, Region of

Global Credit Research – 17 Jul 2020

Paris, July 17, 2020 — Moody’s Investors Service (“Moody’s”) has completed a periodic review of the ratings of Puglia, Region of and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody’s reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. The review did not involve a rating committee. Since 1 January 2019, Moody’s practice has been to issue a press release following each periodic review to announce its completion.

This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future. Credit ratings and outlook/review status cannot be changed in a portfolio review and hence are not impacted by this announcement. For any credit ratings referenced in this publication, please see the ratings tab on the issuer/entity page on www.moodys.com for the most updated credit rating action information and rating history.

Key rating considerations are summarized below.

The credit profile of Puglia, Region of (Baa3) reflects its sound operating performance supported by an efficient and balanced healthcare sector. While the…

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