Rating Action: Fitch upgrades Mundys rating from BB to BB+ with “stable” Outlook

CET 10.33 Rome,19 September 2025 –  The rating agency Fitch has upgraded Mundys senior unsecured rating from BB to BB+; outlook stable. 

The agency rates Mundys’ debt one notch below the consolidated credit profile given its structural subordination to subsidiaries’ debt.

According to the agency's assessment, the upgrade reflects the robust operating performance of the group’s diversified asset portfolio in 2023 and 2024, which led to an improvement in its leverage profile. This underlines the group’s ability to achieve its strategic targets – such as extending the portfolio’s weighted average life – while continuing the deleveraging process. Mundys remains acquisitive, mainly through its subsidiary Abertis, and is supported by an increasingly diversified dividend stream. 

AI Assistant

Welcome! I am your AI assistant designed to help you quickly find information contained in this site in a simple and precise way.

Make your experience unique, select a topic

Privacy notice: Your conversations with AI Assistant are stored and may be analyzed to improve the quality of the service, but they are not used to train artificial intelligence models. We invite you not to enter personal data or confidential information in your requests. We do not share your information with third parties and your data is processed in accordance with our Privacy Notice.

The response provided by AI Assistant is generated by artificial intelligence solely based on the information published on the Mundys website. While designed to provide accurate information, artificial intelligence may provide inaccurate and/or outdated information; we therefore invite you to always verify the information by consulting the documents and content published on the Mundys website. The responses are for informational purposes only and do not constitute official communication from the Company or communication to the market.