Credit Rating Report

Intesa Sanpaolo S.p.A. Covered Bonds (OBG - Mortgages - Programme 2): Surveillance Report

Covered Bonds

Summary

DBRS Ratings GmbH (Morningstar DBRS) confirmed its "A" credit ratings on the Obbligazioni Bancarie Garantite (OBG, or the Italian legislative covered bonds) issued under the Intesa Sanpaolo S.p.A. (ISP or the Issuer) EUR 55 billion Covered Bonds Programme 2 (ISP OBG2 or the Programme), which are guaranteed by ISP OBG S.r.l.

Ratings

  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

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