Published by Global Banking & Finance Review®
Posted on September 11, 2025
1 min readLast updated: January 21, 2026
Add as preferred source on GoogleS&P Global Ratings has placed Mediobanca's 'BBB+' rating on CreditWatch negative following MPS's acquisition. The outcome depends on MPS's integration plans.
MILAN (Reuters) -S&P Global Ratings said it had placed Mediobanca's 'BBB+' long-term credit rating on CreditWatch negative after Monte dei Paschi di Siena (MPS) secured 62% of the merchant bank in a takeover bid.
"We expect to resolve the CreditWatch placement in the coming months, upon obtaining sufficient information of MPS's integration and consolidation plans for Mediobanca and an update on its business and financial strategy," the credit rating agency said in a note.
S&P said the tie-up could strengthen the resulting group's credit profile in the long term, but it saw a risk it could weaken it instead in the short to medium term compared to Mediobanca's stand-alone credit quality.
(Reporting by Valentina Za)
A credit rating is an evaluation of the creditworthiness of a borrower, typically expressed as a letter grade. It indicates the likelihood that the borrower will default on their debt.
A takeover bid is an offer made by an individual or company to purchase another company, usually at a premium over the current market price of the target company's shares.
Corporate strategy refers to the overall plan and direction of a company, focusing on how to achieve long-term goals and maximize shareholder value.
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