solidity and performance drive our work
We stand by our stakeholders to transform complexity into a sustainable future and generate new business prospects.
AMCO is a joint stock company whose share capital - currently amounting to € 655,153,674 - is divided into 600,000,000 ordinary shares with no indication of par value, which are wholly held by the Italian Ministry of Economy and Finance, and 55,153,674 B Shares with no indication of par value and no voting rights, which are held by the Italian Ministry of Economy and Finance, other shareholders and include treasury shares.


programs and issuances
Information on AMCO’s financial debt.
Today our EMTN program amounts to €6 billion. Our CP (commercial paper) program amounts to €1 billion.
To access EMTN program and Tender Offer information and documentation, please read and accept the disclaimer provided here


AMCO is rated by the main agencies.
Rating 'BBB' and 'F2'
20 April 2023
Fitch has affirmed the Long-Term rating at “BBB” and the Short-Term rating at “F2”, Stable Outlook
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Standard & Poor's
“BBB” Rating
28 July 2022
S&P’s review: AMCO’s rating remains “BBB”, Stable Outlook
Short-Term rating remains “A-2”
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‘RSS2’ ‘CSS2’ and ‘ABSS2’
2 August 2022
Fitch affirms our RSS2, CSS2 and ABSS2 ratings

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Corporate transactions
Partial demerger MPS/AMCO
link to italian version