Credit Rating Company Fitch Confirm B+ “Stable” Rating On Inter Milan’s Bond From One Year Ago, Italian Media Report

The credit rating agency Fitch have confirmed their rating of Inter’s bond at B+, or “stable,” from one year ago.

This according to today’s print edition of Turin-based newspaper Tuttosport, via FCInterNews, who report that the agency has factored in the situation with main shirt sponsor DigitalBits, as well as the reduction in the Nerazzurri’s wage bill.

Last year, Fitch rated Inter’s bond at a rating of B+, an indication that whilst the debt burden is high, it is keeping at a steady rate which can be maintained over a long period.

In the ensuing year, one major situation that has negatively impacted Inter’s ability to pay their debts has been the situation with DigitalBits, whose nonpayment of amounts owed on their sponsorship agreement has entailed a significant loss of revenues.

However, Fitch also note that the Nerazzurri have made a significant effort to reduce the wage bill which has been successful.

The agency determine that Inter’s bond is essentially as stable as it was one year ago.