Saipem: S&P Global Ratings affirms rating

San Donato Milanese (Milan), 9 July, 2018 - Saipem announces that S&P Global Ratings today published a research update affirming its “BB+” rating, with negative outlook, for the long term corporate credit rating and for senior unsecured facilities, including a € 1.5 billion Revolving Credit Facility and four 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.

Website: www.saipem.com
Switchboard: +39 0244231

Media relations
Tel: +39 0244234088;
E-mail: media.relations@saipem.com

Relations with institutional investors and financial analysts
Tel: +39 0244234653; Fax: +39 0244254295;
E-mail: investor.relations@saipem.com

Contact point for retail investors
E-mail: segreteria.societaria@saipem.com

Saipem: S&P Global Ratings affirms rating

pdf - 12-2022