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 information and documentation published in this section of the AMCO website please read and accept the disclaimer provided here


AMCO is rated by the main agencies.
Standard & Poor's
“BBB” Rating
26 October 2021
S&P affirms AMCO’s BBB rating and improves outlook to positive.
The Short-Term rating is ‘A-2’
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‘RSS2’ ‘CSS2’ and ‘ABSS2’
14 January 2021
Fitch upgraded our RSS, CSS and ABSS rating from 2- to 2

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'BBB-' and 'F3'
16 June 2021
Fitch affirmed AMCO’s Long-Term IDR at ‘BBB-’ and Short-Term IDR at ‘F3’ with Stable Outlook
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Corporate transactions
Partial demerger MPS/AMCO
link to italian version