Fitch affirms Alperia

Fitch Ratings said it affirmed Alperia SpA's long-term issuer default rating at BBB. The outlook is stable.

“The rating affirmation takes into account the updated business plan of Alperia, which confirmed its strategic priorities and financial policy (maximum net debt/EBITDA of 3.0x), the deleveraging achieved in 2018, a broadly unchanged business mix and a healthy electricity price environment in Italy,” the agency said in a news release.

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