Saipem: Moody’s Investor Services affirms rating

FinancialSan Donato Milanese

San Donato Milanese (Milan), 15 June, 2017 - Saipem informs that Moody’s Investor Services today published a research update affirming its “Ba1” rating, with stable outlook, for the corporate family rating and for senior unsecured facilities, including three bond issues of € 500 million each executed under its Euro EMTN Programme.


Saipem is one of the world leaders in drilling services, as well as in the engineering, procurement, construction and installation of pipelines and complex projects, onshore and offshore, in the oil & gas market. The company has distinctive competences in operations in harsh environments, remote areas and deepwater. Saipem provides a full range of services with “EPC” and “EPCI” contracts (on a “turn-key” basis) and has distinctive capabilities and unique assets with a high technological content.


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