Fitch Ratings (“Fitch”) assigns final ‘BBB+’ rating to Italgas, Outlook Stable

Milan, 8 November 2016 – Fitch has assigned Italgas S.p.A. a final Long-Term Issuer Default Rating (IDR) and senior unsecured rating of ‘BBB+’. The Outlook on the IDR is Stable. The rating action follows the successful execution of the partial and proportional de-merger of Italgas S.p.A. from Snam S.p.A. (BBB+, stable) and Italgas S.p.A. listing on the Mercato Telematico Azionario (MTA) of Milan on November 7th, 2016 organized and managed by Borsa Italiana S.p.A.