Moody's Upgrades illimity Ratings Following Positive Conclusion of Banca Ifis Offer

Milan, July 17, 2025 – illimity Bank S.p.A. (“illimity” or the “Bank”) announces that, following the acquisition of 92.5% of illimity’s capital by Banca Ifis, the rating agency Moody’s has upgraded all of the Bank’s ratings, aligning them with those of Banca Ifis. This concludes the rating action initiated on January 14 and resolves the “review for upgrade”.

The principal ratings subject to upgrade are:

Long-term deposit rating: Baa2 from Baa3, with stable outlook
Long-term issuer rating: Baa3 from Ba1, with stable outlook
Senior unsecured debt rating: Baa3 from Ba1, with stable outlook
Subordinated debt rating: Ba3 from B1
Baseline Credit Assessment (BCA): ba2 from ba3

The complete list of rating actions and Moody’s press release are available on the rating agency’s website.

For further information:

Investor Relations & Sustainability
Fabio Pelati
+39 335 7853370 – fabio.pelati@illimity.com

Press & Communication Office illimity
Vittoria La Porta, Elena Massei
press@illimity.com

Ad Hoc Communication Advisors
Valentina Zanotto
+39 335 141 5575
Riccardo Schiavon
+39 340 082 3015
illimity@ahca.it

	Moody's Upgrades illimity Ratings Following Banca Ifis Acquisition Press release detailing Moody's upgrade of illimity Bank's ratings after the successful completion of the voluntary tender and exchange offer by Banca Ifis, outlining specific rating changes and contact information for inquiries.
	Lista N. 1 Candidati illimity Bank S.p.A. per Organi Sociali - Presentata da Banca Ifis S.p.A. Documentazione ufficiale della Lista N. 1 presentata da Banca Ifis S.p.A. per la nomina del Consiglio di Amministrazione e del Comitato per il Controllo sulla Gestione di illimity Bank S.p.A., specialisti del credito.
	Illimity Deposit Account Information Sheet This document provides detailed information about the Illimity Deposit Account, including its features, risks, economic conditions, and terms of service. It outlines interest rates for various deposit lines with and without early withdrawal options, applicable to different Illimity account packages and Azimut Premium accounts.
	illimity: Stime Preliminari Risultati al 30 Giugno 2025 illimity Bank S.p.A. annuncia le stime preliminari dei risultati del primo semestre 2025, prevedendo un risultato netto negativo e dettagliando le rettifiche sui crediti, il CET1 ratio e l'integrazione con Banca Ifis.
	Notice of Publication of Documents - illimity Bank S.p.A. illimity Bank S.p.A. announces the availability of explanatory reports for its upcoming extraordinary and ordinary Shareholders' Meeting on September 25, 2025. Details on accessing these documents are provided.
	Avviso di Riapertura Termini per la Nomina degli Organi Sociali di illimity Bank illimity Bank annuncia la riapertura dei termini per la presentazione delle liste per la nomina degli organi sociali, a seguito del deposito di una singola lista da parte di Banca Ifis S.p.A.
	illimity Bank: Deadline Reopened for Corporate Bodies Appointment Official notice from illimity Bank S.p.A. regarding the reopening of the deadline for submitting lists for the appointment of Corporate Bodies. Details on procedures and contact information.
	illimity Bank Risultati del Primo Semestre 2025 Report sui risultati finanziari del primo semestre 2025 di illimity Bank, evidenziando la performance del core business, la gestione degli attivi non-core e gli aggregati patrimoniali.

For further information:

Related Documents