London, 15 July 2013 -- Moody's Investors Service has today affirmed UniCredit SpA's Baa2 long-term debt and deposit ratings and its Prime-2 short term ratings. At the same time, Moody's lowered UniCredit's baseline credit assessment to baa3 from baa2, which resulted in a downgrade of the banks subordinated debt rating to Ba1 from Baa3.

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