{"id":52097,"date":"2026-09-09T11:56:30","date_gmt":"2026-09-09T09:56:30","guid":{"rendered":"https:\/\/www.fnmgroup.it\/debito-e-credit-rating\/"},"modified":"2026-11-09T15:42:07","modified_gmt":"2026-11-09T14:42:07","slug":"debt-and-credit-rating","status":"publish","type":"page","link":"https:\/\/www.fnmgroup.it\/en\/debt-and-credit-rating\/","title":{"rendered":"Debt and credit rating"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"52097\" class=\"elementor elementor-52097 elementor-47231\" data-elementor-settings=\"{&quot;ha_cmc_init_switcher&quot;:&quot;no&quot;}\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f7a843c e-con-full e-flex e-con e-parent\" data-id=\"f7a843c\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5e35b73 elementor-widget 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data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;,&quot;_ha_eqh_enable&quot;:false}\">\n\t\t<div class=\"elementor-element elementor-element-d272061 e-flex e-con-boxed e-con e-child\" data-id=\"d272061\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0e686ff elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"0e686ff\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\tInvestor\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a6f5650 elementor-widget elementor-widget-heading\" data-id=\"a6f5650\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Debt and credit rating<\/h1>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5835ce7 e-flex e-con-boxed e-con e-parent\" data-id=\"5835ce7\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_anchor_link_offset&quot;:120,&quot;_ha_eqh_enable&quot;:false,&quot;sticky_on&quot;:[&quot;desktop&quot;,&quot;laptop&quot;,&quot;tablet_extra&quot;,&quot;tablet&quot;,&quot;mobile&quot;],&quot;sticky_offset&quot;:0,&quot;sticky_effects_offset&quot;:0}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-ffa4f21 e-con-full e-flex e-con e-child\" data-id=\"ffa4f21\" data-element_type=\"container\" data-e-type=\"container\" id=\"tab-buttons-scroll\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-66c47f0 elementor-widget elementor-widget-button\" data-id=\"66c47f0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#table1\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Debt structure<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5ab01c7 elementor-widget elementor-widget-button\" data-id=\"5ab01c7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#table2\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Key Indicators<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7aab427 elementor-widget elementor-widget-button\" data-id=\"7aab427\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#table3\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Outstanding bond issues<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d717200 elementor-widget elementor-widget-button\" data-id=\"d717200\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#table4\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">EMTN program<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-94dd384 elementor-widget elementor-widget-button\" data-id=\"94dd384\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#table5\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Credit rating<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c45807b elementor-widget-mobile__width-inherit elementor-hidden-desktop elementor-hidden-laptop elementor-widget elementor-widget-html\" data-id=\"c45807b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t<div class=\"scroll-indicator-track\">\n    <div class=\"scroll-indicator-thumb\"><\/div>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-20cd68a e-con-full container-table e-flex e-con e-parent\" data-id=\"20cd68a\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t<div class=\"elementor-element elementor-element-7a2b811 e-flex e-con-boxed e-con e-child\" data-id=\"7a2b811\" data-element_type=\"container\" data-e-type=\"container\" id=\"table1\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ee68785 elementor-widget elementor-widget-heading\" data-id=\"ee68785\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Debt structure<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5cc5f54 elementor-widget elementor-widget-text-editor\" data-id=\"5cc5f54\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Below is the composition of the net financial indebtedness, determined in accordance with ESMA guidelines as referred to in CONSOB communication no. 5\/21 of April 29, 2021. To better represent the Group\u2019s net financial position (NFP), an adjusted NFP has been calculated that excludes a portion of the bank balances arising from the crediting of proceeds received solely for the regional train purchase program for the years 2017\u20132032, and the related debt for funded investments.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5442206 elementor-widget elementor-widget-wpdatatables\" data-id=\"5442206\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"wpdatatables.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<div class=\"wpdt-c wdt-skin-light wpTableWCAG\">\n    \n    <input type=\"hidden\" id=\"wdtNonceFrontendServerSide_30\" name=\"wdtNonceFrontendServerSide_30\" value=\"9870fa7541\" \/><input type=\"hidden\" name=\"_wp_http_referer\" value=\"\/en\/wp-json\/wp\/v2\/pages\/52097\" \/><input type=\"hidden\" id=\"wdtFrontendelementorNonce_30\" 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Financial Position&quot;,&quot;action&quot;:&quot;setRowColor&quot;,&quot;setVal&quot;:&quot;#F6F6F6&quot;},{&quot;ifClause&quot;:&quot;eq&quot;,&quot;cellVal&quot;:&quot;Adjusted Net Financial Position&quot;,&quot;action&quot;:&quot;setRowColor&quot;,&quot;setVal&quot;:&quot;#F6F6F6&quot;},{&quot;ifClause&quot;:&quot;eq&quot;,&quot;cellVal&quot;:&quot;Gross debt&quot;,&quot;action&quot;:&quot;setRowColor&quot;,&quot;setVal&quot;:&quot;#0068B3&quot;},{&quot;ifClause&quot;:&quot;eq&quot;,&quot;cellVal&quot;:&quot;Gross debt&quot;,&quot;action&quot;:&quot;setRowClass&quot;,&quot;setVal&quot;:&quot;testi-white&quot;}],&quot;transformValueRules&quot;:&quot;&quot;,&quot;className&quot;:&quot; column-datiprincipali&quot;,&quot;aTargets&quot;:[5]},{&quot;sType&quot;:&quot;string&quot;,&quot;wdtType&quot;:&quot;string&quot;,&quot;bVisible&quot;:true,&quot;orderable&quot;:true,&quot;searchable&quot;:true,&quot;InputType&quot;:&quot;text&quot;,&quot;name&quot;:&quot;wdtcolumn&quot;,&quot;origHeader&quot;:&quot;wdtcolumn&quot;,&quot;notNull&quot;:false,&quot;conditionalFormattingRules&quot;:[],&quot;transformValueRules&quot;:&quot;&quot;,&quot;className&quot;:&quot; column-wdtcolumn&quot;,&quot;aTargets&quot;:[6]}],&quot;bAutoWidth&quot;:false,&quot;order&quot;:[[0,&quot;asc&quot;]],&quot;ordering&quot;:false,&quot;fixedHeader&quot;:{&quot;header&quot;:false,&quot;headerOffset&quot;:0},&quot;fixedColumns&quot;:{&quot;left&quot;:1,&quot;right&quot;:0},&quot;oLanguage&quot;:{&quot;sEmptyTable&quot;:&quot;Nessun dato presente nella tabella&quot;,&quot;sInfo&quot;:&quot;Vista da _START_ a _END_ di _TOTAL_ elementi&quot;,&quot;sInfoEmpty&quot;:&quot;Vista da 0 a 0 di 0 elementi&quot;,&quot;sInfoFiltered&quot;:&quot;(filtrati da _MAX_ elementi totali)&quot;,&quot;sInfoPostFix&quot;:&quot;&quot;,&quot;sInfoThousands&quot;:&quot;,&quot;,&quot;sLengthMenu&quot;:&quot;Visualizza _MENU_ elementi&quot;,&quot;sLoadingRecords&quot;:&quot;Caricamento...&quot;,&quot;sProcessing&quot;:&quot;Elaborazione...&quot;,&quot;sSearch&quot;:&quot;Cerca:&quot;,&quot;sSearchPlaceholder&quot;:&quot;&quot;,&quot;sZeroRecords&quot;:&quot;La ricerca non ha portato alcun risultato.&quot;,&quot;oPaginate&quot;:{&quot;sFirst&quot;:&quot;Inizio&quot;,&quot;sPrevious&quot;:&quot;Precedente&quot;,&quot;sNext&quot;:&quot;Successivo&quot;,&quot;sLast&quot;:&quot;Fine&quot;},&quot;oAria&quot;:{&quot;sSortAscending&quot;:&quot;: attiva per ordinare la colonna in ordine crescente&quot;,&quot;sSortDescending&quot;:&quot;: attiva per ordinare la colonna in ordine decrescente&quot;}},&quot;buttons&quot;:[],&quot;bProcessing&quot;:false,&quot;serverSide&quot;:true,&quot;ajax&quot;:{&quot;url&quot;:&quot;https:\\\/\\\/www.fnmgroup.it\\\/wp-admin\\\/admin-ajax.php?action=get_wdtable\\u0026table_id=30&quot;,&quot;type&quot;:&quot;POST&quot;},&quot;oSearch&quot;:{&quot;bSmart&quot;:false,&quot;bRegex&quot;:false,&quot;sSearch&quot;:&quot;&quot;}},&quot;customRowDisplay&quot;:&quot;&quot;,&quot;tabletWidth&quot;:&quot;1024&quot;,&quot;mobileWidth&quot;:&quot;480&quot;,&quot;renderFilter&quot;:&quot;footer&quot;,&quot;advancedFilterEnabled&quot;:false,&quot;serverSide&quot;:true,&quot;autoRefreshInterval&quot;:0,&quot;processing&quot;:true,&quot;fnServerData&quot;:true,&quot;columnsFixed&quot;:0,&quot;sumFunctionsLabel&quot;:&quot;&quot;,&quot;avgFunctionsLabel&quot;:&quot;&quot;,&quot;minFunctionsLabel&quot;:&quot;&quot;,&quot;maxFunctionsLabel&quot;:&quot;admin&quot;,&quot;columnsDecimalPlaces&quot;:{&quot;wdt_ID&quot;:-1,&quot;wdt_created_by&quot;:-1,&quot;wdt_created_at&quot;:-1,&quot;wdt_last_edited_by&quot;:-1,&quot;wdt_last_edited_at&quot;:-1,&quot;datiprincipali&quot;:-1,&quot;wdtcolumn&quot;:-1},&quot;columnsThousandsSeparator&quot;:{&quot;wdt_ID&quot;:0},&quot;sumColumns&quot;:[],&quot;avgColumns&quot;:[],&quot;sumAvgColumns&quot;:[],&quot;conditional_formatting_columns&quot;:[&quot;datiprincipali&quot;],&quot;timeFormat&quot;:&quot;h:i A&quot;,&quot;datepickFormat&quot;:&quot;dd\\\/mm\\\/yy&quot;}'\/>\n\n    <table id=\"table_1\"\n           class=\" scroll  display nowrap wdt-no-display data-t data-t wpDataTable wpDataTableID-30 \"\n           style=\"display: none; \"\n           data-described-by='table_1_desc'\n           data-wpdatatable_id=\"30\">\n        \n        <!-- Table header -->\n        \n<thead>\n<tr>\n                    <th\n                        class=\" wdtheader sort numdata integer \"\n        style=\"\">        wdt_ID<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        wdt_created_by<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        wdt_created_at<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        wdt_last_edited_by<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        wdt_last_edited_at<\/th>        <th\n        data-class=\"expand\"                class=\" wdtheader sort \"\n        style=\"\">        MAIN DATA<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        31\/03\/2026<\/th>    <\/tr>\n<\/thead>\n        <!-- \/Table header -->\n\n        <!-- Table body -->\n        \n<tbody>\n<!-- Table body -->\n<div data-id=\"30\"\n     class=\"wdt-timeline-item wdt-timeline-table_1\"\n     style=\"\">\n    <div class=\"wdt-table-loader\">\n        <div class=\"wdt-table-loader-row wdt-table-loader-header\">\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n        <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n            <\/div>\n<\/div><!-- \/Table body -->\n                    <tr id=\"table_30_row_0\"\n            data-row-index=\"0\">\n                            <td style=\"\">1<\/td>\n                            <td style=\"\">admin<\/td>\n                            <td style=\"\">09\/09\/2026 11:45 AM<\/td>\n                            <td style=\"\">ad_ruini4562<\/td>\n                            <td style=\"\">06\/10\/2026 04:45 PM<\/td>\n                            <td style=\"\">Net Financial Position<\/td>\n                            <td style=\"\">702,3<\/td>\n                    <\/tr>\n                            <tr id=\"table_30_row_1\"\n            data-row-index=\"1\">\n                            <td style=\"\">2<\/td>\n                            <td style=\"\">admin<\/td>\n                            <td style=\"\">09\/09\/2026 11:45 AM<\/td>\n                            <td style=\"\">ad_ruini4562<\/td>\n                            <td style=\"\">06\/10\/2026 04:43 PM<\/td>\n                            <td style=\"\">Adjustment related to the rolling stock purchase program 2017\u20132032<\/td>\n                            <td style=\"\">38,0<\/td>\n                    <\/tr>\n                            <tr id=\"table_30_row_2\"\n            data-row-index=\"2\">\n                            <td style=\"\">3<\/td>\n                            <td style=\"\">admin<\/td>\n                            <td style=\"\">09\/09\/2026 11:45 AM<\/td>\n                            <td style=\"\">ad_ruini4562<\/td>\n                            <td style=\"\">06\/10\/2026 04:44 PM<\/td>\n                            <td style=\"\">Adjusted Net Financial Position<\/td>\n                            <td style=\"\">740,3<\/td>\n                    <\/tr>\n                            <tr id=\"table_30_row_3\"\n            data-row-index=\"3\">\n                            <td style=\"\">4<\/td>\n                            <td style=\"\">admin<\/td>\n                            <td style=\"\">09\/09\/2026 11:45 AM<\/td>\n                            <td style=\"\">ad_ruini4562<\/td>\n                            <td style=\"\">06\/10\/2026 04:46 PM<\/td>\n                            <td style=\"\">Debt for funded investments in railway infrastructure<\/td>\n                            <td style=\"\">(256,5)<\/td>\n                    <\/tr>\n                            <tr id=\"table_30_row_4\"\n            data-row-index=\"4\">\n                            <td style=\"\">5<\/td>\n                            <td style=\"\">admin<\/td>\n                            <td style=\"\">09\/09\/2026 11:45 AM<\/td>\n                            <td style=\"\">ad_ruini4562<\/td>\n                            <td style=\"\">06\/10\/2026 04:46 PM<\/td>\n                            <td style=\"\">Cash<\/td>\n                            <td style=\"\">330,5<\/td>\n                    <\/tr>\n                            <tr id=\"table_30_row_5\"\n            data-row-index=\"5\">\n                            <td style=\"\">6<\/td>\n                            <td style=\"\">admin<\/td>\n                            <td style=\"\">09\/09\/2026 11:45 AM<\/td>\n                            <td style=\"\">ad_ruini4562<\/td>\n                            <td style=\"\">06\/10\/2026 04:41 PM<\/td>\n                            <td style=\"\">Gross debt<\/td>\n                            <td style=\"\">814,3<\/td>\n                    <\/tr>\n            <\/tbody>        <!-- \/Table body -->\n\n        <!-- Table footer -->\n        \n        <!-- \/Table footer -->\n    <\/table>\n\n<\/div><style>\ntable.wpDataTable td.numdata { text-align: right !important; }\n<\/style>\n<style>\n.wpDataTablesWrapper table.wpDataTable[data-wpdatatable_id='30'] > thead > tr > th{ border: none !important; }\n<\/style>\n<style>\n                            \/* td inner border color *\/\n        .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-30 thead tr:nth-child(2) th,\n     .wpdt-c.wpDataTablesWrapper table.wpDataTable#wpdtSimpleTable-30 td,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-30 td,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-30 tr.odd td,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-30 tr.even td {\n        border-color: #E6E6E6 !important;\n    }\n\n        .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-30 thead tr:first-child th:not(:first-child):not(:last-child) {\n        border-left-color: #E6E6E6 !important;\n        border-right-color: #E6E6E6 !important;\n    }\n\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-30 thead tr th:first-child {\n        border-right-color: #E6E6E6 !important;\n        border-bottom-color: #E6E6E6 !important;\n    }\n\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-30 thead tr th:last-child {\n        border-left-color: #E6E6E6 !important;\n        border-bottom-color: #E6E6E6 !important;\n    }\n\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-30 thead tr:nth-child(1) th {\n        border-bottom-color: #E6E6E6 !important;\n    }\n\n                \/* table outer border color *\/\n    .wpdt-c.wpDataTablesWrapper table#wpdtSimpleTable-30 tr:last-child td,\n        .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-30 tfoot tr td {\n        border-bottom-color: #E6E6E6 !important;\n    }\n\n            .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-30 thead tr th:first-child,\n     .wpdt-c.wpDataTablesWrapper table#wpdtSimpleTable-30 tr td:first-child,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-30 tr td:first-child {\n        border-left-color: #E6E6E6 !important;\n    }\n\n        .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-30 thead tr th:last-child,\n     .wpdt-c.wpDataTablesWrapper table#wpdtSimpleTable-30 tr td:last-child,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-30 tr td:last-child {\n        border-right-color: #E6E6E6 !important;\n    }\n\n        .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-30 tr th {\n        border-top-color: #E6E6E6 !important;\n    }\n\n    \n    \n        \/* odd rows background color *\/\n    .wpdt-c.wpDataTablesWrapper table#wpdtSimpleTable-30 tr.odd td,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-30 tr.odd td {\n        background-color: #FFFFFF !important;\n    }\n\n            \/* even rows background color *\/\n    .wpdt-c.wpDataTablesWrapper table#wpdtSimpleTable-30 tr.even td,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-30 tr.even td,\n    .wpdt-c .wpDataTablesWrapper table.has-columns-hidden.wpDataTableID-30 tr.row-detail > td {\n        background-color: #FFFFFF !important;\n    }\n\n                                    \n                    \n<\/style>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d4c41b0 elementor-widget elementor-widget-text-editor\" data-id=\"d4c41b0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>From a compositional standpoint, gross debt is primarily made up of bank loans and a bond loan, as detailed below:<\/p><ul><li>80% is represented by a senior unsecured bond issued in October 2021, maturing on October 20, 2026;<\/li><li>11% is represented by bank loans, mainly held by the subsidiary Milano Serravalle \u2013 Milano Tangenziali, a loan granted by Finlombarda, and the residual portion of a loan provided by the European Investment Bank;<\/li><li>9% relates to lease liabilities and to the valuation of the option right and the earn-out associated with the acquisition of the subsidiary Viridis Energia.<\/li><\/ul><p>The Group\u2019s cash and cash equivalents amount to \u20ac330.5 million, to which is added liquidity headroom of \u20ac126 million from uncommitted credit lines, thus ensuring an adequate level of financial flexibility.<\/p><p>FNM has completed the refinancing of the bond maturing in October 2026, also with the aim of ensuring financial coverage for future investments envisaged in the 2025\u20132029 Industrial Plan. On July 22, 2025, it entered into a new financing agreement with a pool of seven banks for a total amount of \u20ac1 billion, extending the average debt maturity to 2031, beyond the expiry of the Milano Serravalle \u2013 Milano Tangenziali concession. The entire financing is structured as a Sustainability-linked Loan and includes a pricing mechanism linked to the achievement of specific ESG targets. In addition, the Capex Facility is classified as a Green Loan.<\/p><p>The Board of Directors has also authorized the Chairman to sign a financing agreement with the EIB for a total amount of up to \u20ac80 million, aimed at supporting the development of the Group\u2019s innovative hydrogen-related projects, with the objective of fostering the energy transition and promoting sustainable mobility.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a53e999 e-flex e-con-boxed e-con e-child\" data-id=\"a53e999\" data-element_type=\"container\" data-e-type=\"container\" id=\"table2\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7c7ed97 elementor-widget elementor-widget-heading\" data-id=\"7c7ed97\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Key debt indicators<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bf8be1f elementor-widget elementor-widget-wpdatatables\" data-id=\"bf8be1f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"wpdatatables.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<div class=\"wpdt-c wdt-skin-light wpTableWCAG\">\n    \n    <input type=\"hidden\" id=\"wdtNonceFrontendServerSide_31\" name=\"wdtNonceFrontendServerSide_31\" value=\"ff84f1083d\" \/><input type=\"hidden\" name=\"_wp_http_referer\" value=\"\/en\/wp-json\/wp\/v2\/pages\/52097\" \/><input type=\"hidden\" id=\"wdtFrontendelementorNonce_31\" name=\"wdtFrontendelementorNonce_31\" value=\"9468abe50a\" \/>    <input type=\"hidden\" id=\"table_2_desc\"\n           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integer  column-wdt_id&quot;,&quot;aTargets&quot;:[0]},{&quot;sType&quot;:&quot;string&quot;,&quot;wdtType&quot;:&quot;string&quot;,&quot;bVisible&quot;:false,&quot;orderable&quot;:true,&quot;searchable&quot;:true,&quot;InputType&quot;:&quot;text&quot;,&quot;name&quot;:&quot;wdt_created_by&quot;,&quot;origHeader&quot;:&quot;wdt_created_by&quot;,&quot;notNull&quot;:false,&quot;conditionalFormattingRules&quot;:[],&quot;transformValueRules&quot;:&quot;&quot;,&quot;className&quot;:&quot; column-wdt_created_by&quot;,&quot;aTargets&quot;:[1]},{&quot;sType&quot;:&quot;date-custom&quot;,&quot;wdtType&quot;:&quot;datetime&quot;,&quot;bVisible&quot;:false,&quot;orderable&quot;:true,&quot;searchable&quot;:true,&quot;InputType&quot;:&quot;datetime&quot;,&quot;name&quot;:&quot;wdt_created_at&quot;,&quot;origHeader&quot;:&quot;wdt_created_at&quot;,&quot;notNull&quot;:false,&quot;conditionalFormattingRules&quot;:[],&quot;transformValueRules&quot;:&quot;&quot;,&quot;className&quot;:&quot; column-wdt_created_at&quot;,&quot;aTargets&quot;:[2]},{&quot;sType&quot;:&quot;string&quot;,&quot;wdtType&quot;:&quot;string&quot;,&quot;bVisible&quot;:false,&quot;orderable&quot;:true,&quot;searchable&quot;:true,&quot;InputType&quot;:&quot;text&quot;,&quot;name&quot;:&quot;wdt_last_edited_by&quot;,&quot;origHeader&quot;:&quot;wdt_last_edited_by&quot;,&quot;notNull&quot;:false,&quot;conditionalFormattingRules&quot;:[],&quot;transformValueRules&quot;:&quot;&quot;,&quot;className&quot;:&quot; column-wdt_last_edited_by&quot;,&quot;aTargets&quot;:[3]},{&quot;sType&quot;:&quot;date-custom&quot;,&quot;wdtType&quot;:&quot;datetime&quot;,&quot;bVisible&quot;:false,&quot;orderable&quot;:true,&quot;searchable&quot;:true,&quot;InputType&quot;:&quot;datetime&quot;,&quot;name&quot;:&quot;wdt_last_edited_at&quot;,&quot;origHeader&quot;:&quot;wdt_last_edited_at&quot;,&quot;notNull&quot;:false,&quot;conditionalFormattingRules&quot;:[],&quot;transformValueRules&quot;:&quot;&quot;,&quot;className&quot;:&quot; column-wdt_last_edited_at&quot;,&quot;aTargets&quot;:[4]},{&quot;sType&quot;:&quot;string&quot;,&quot;wdtType&quot;:&quot;string&quot;,&quot;bVisible&quot;:true,&quot;orderable&quot;:true,&quot;searchable&quot;:true,&quot;InputType&quot;:&quot;text&quot;,&quot;name&quot;:&quot;principaliindicatoriinmilionidieuro&quot;,&quot;origHeader&quot;:&quot;principaliindicatoriinmilionidieuro&quot;,&quot;notNull&quot;:false,&quot;conditionalFormattingRules&quot;:[{&quot;ifClause&quot;:&quot;contains&quot;,&quot;cellVal&quot;:&quot;3.2x&quot;,&quot;action&quot;:&quot;setRowColor&quot;,&quot;setVal&quot;:&quot;#F6F6F6&quot;}],&quot;transformValueRules&quot;:&quot;&quot;,&quot;className&quot;:&quot; column-principaliindicatoriinmilionidieuro&quot;,&quot;aTargets&quot;:[5]},{&quot;sType&quot;:&quot;string&quot;,&quot;wdtType&quot;:&quot;string&quot;,&quot;bVisible&quot;:true,&quot;orderable&quot;:true,&quot;searchable&quot;:true,&quot;InputType&quot;:&quot;text&quot;,&quot;name&quot;:&quot;wdtcolumn&quot;,&quot;origHeader&quot;:&quot;wdtcolumn&quot;,&quot;notNull&quot;:false,&quot;conditionalFormattingRules&quot;:[{&quot;ifClause&quot;:&quot;eq&quot;,&quot;cellVal&quot;:&quot;PFN \\\/ EBITDA&quot;,&quot;action&quot;:&quot;setRowColor&quot;,&quot;setVal&quot;:&quot;#F6F6F6&quot;},{&quot;ifClause&quot;:&quot;eq&quot;,&quot;cellVal&quot;:&quot;PFN \\\/ Patrimonio netto&quot;,&quot;action&quot;:&quot;setCellColor&quot;,&quot;setVal&quot;:&quot;#F6F6F6&quot;}],&quot;transformValueRules&quot;:&quot;&quot;,&quot;className&quot;:&quot; column-wdtcolumn&quot;,&quot;aTargets&quot;:[6]},{&quot;sType&quot;:&quot;string&quot;,&quot;wdtType&quot;:&quot;string&quot;,&quot;bVisible&quot;:true,&quot;orderable&quot;:true,&quot;searchable&quot;:true,&quot;InputType&quot;:&quot;text&quot;,&quot;name&quot;:&quot;wdtcolumn1&quot;,&quot;origHeader&quot;:&quot;wdtcolumn1&quot;,&quot;notNull&quot;:false,&quot;conditionalFormattingRules&quot;:[{&quot;ifClause&quot;:&quot;eq&quot;,&quot;cellVal&quot;:&quot;3.0x&quot;,&quot;action&quot;:&quot;setRowColor&quot;,&quot;setVal&quot;:&quot;#F6F6F6&quot;},{&quot;ifClause&quot;:&quot;eq&quot;,&quot;cellVal&quot;:&quot;1.6x&quot;,&quot;action&quot;:&quot;setRowColor&quot;,&quot;setVal&quot;:&quot;#F6F6F6&quot;}],&quot;transformValueRules&quot;:&quot;&quot;,&quot;className&quot;:&quot; column-wdtcolumn1&quot;,&quot;aTargets&quot;:[7]},{&quot;sType&quot;:&quot;string&quot;,&quot;wdtType&quot;:&quot;string&quot;,&quot;bVisible&quot;:true,&quot;orderable&quot;:true,&quot;searchable&quot;:true,&quot;InputType&quot;:&quot;text&quot;,&quot;name&quot;:&quot;wdtcolumn2&quot;,&quot;origHeader&quot;:&quot;wdtcolumn2&quot;,&quot;notNull&quot;:false,&quot;conditionalFormattingRules&quot;:[],&quot;transformValueRules&quot;:&quot;&quot;,&quot;className&quot;:&quot; column-wdtcolumn2&quot;,&quot;aTargets&quot;:[8]},{&quot;sType&quot;:&quot;string&quot;,&quot;wdtType&quot;:&quot;string&quot;,&quot;bVisible&quot;:true,&quot;orderable&quot;:true,&quot;searchable&quot;:true,&quot;InputType&quot;:&quot;text&quot;,&quot;name&quot;:&quot;wdtcolumn3&quot;,&quot;origHeader&quot;:&quot;wdtcolumn3&quot;,&quot;notNull&quot;:false,&quot;conditionalFormattingRules&quot;:[],&quot;transformValueRules&quot;:&quot;&quot;,&quot;className&quot;:&quot; column-wdtcolumn3&quot;,&quot;aTargets&quot;:[9]},{&quot;sType&quot;:&quot;string&quot;,&quot;wdtType&quot;:&quot;string&quot;,&quot;bVisible&quot;:true,&quot;orderable&quot;:true,&quot;searchable&quot;:true,&quot;InputType&quot;:&quot;text&quot;,&quot;name&quot;:&quot;wdtcolumn4&quot;,&quot;origHeader&quot;:&quot;wdtcolumn4&quot;,&quot;notNull&quot;:false,&quot;conditionalFormattingRules&quot;:[],&quot;transformValueRules&quot;:&quot;&quot;,&quot;className&quot;:&quot; column-wdtcolumn4&quot;,&quot;aTargets&quot;:[10]}],&quot;bAutoWidth&quot;:false,&quot;order&quot;:[[0,&quot;asc&quot;]],&quot;ordering&quot;:false,&quot;fixedHeader&quot;:{&quot;header&quot;:false,&quot;headerOffset&quot;:0},&quot;fixedColumns&quot;:{&quot;left&quot;:1,&quot;right&quot;:0},&quot;oLanguage&quot;:{&quot;sEmptyTable&quot;:&quot;Nessun dato presente nella tabella&quot;,&quot;sInfo&quot;:&quot;Vista da _START_ a _END_ di _TOTAL_ elementi&quot;,&quot;sInfoEmpty&quot;:&quot;Vista da 0 a 0 di 0 elementi&quot;,&quot;sInfoFiltered&quot;:&quot;(filtrati da _MAX_ elementi totali)&quot;,&quot;sInfoPostFix&quot;:&quot;&quot;,&quot;sInfoThousands&quot;:&quot;,&quot;,&quot;sLengthMenu&quot;:&quot;Visualizza _MENU_ elementi&quot;,&quot;sLoadingRecords&quot;:&quot;Caricamento...&quot;,&quot;sProcessing&quot;:&quot;Elaborazione...&quot;,&quot;sSearch&quot;:&quot;Cerca:&quot;,&quot;sSearchPlaceholder&quot;:&quot;&quot;,&quot;sZeroRecords&quot;:&quot;La ricerca non ha portato alcun risultato.&quot;,&quot;oPaginate&quot;:{&quot;sFirst&quot;:&quot;Inizio&quot;,&quot;sPrevious&quot;:&quot;Precedente&quot;,&quot;sNext&quot;:&quot;Successivo&quot;,&quot;sLast&quot;:&quot;Fine&quot;},&quot;oAria&quot;:{&quot;sSortAscending&quot;:&quot;: attiva per ordinare la colonna in ordine crescente&quot;,&quot;sSortDescending&quot;:&quot;: attiva per ordinare la colonna in ordine decrescente&quot;}},&quot;buttons&quot;:[],&quot;bProcessing&quot;:false,&quot;serverSide&quot;:true,&quot;ajax&quot;:{&quot;url&quot;:&quot;https:\\\/\\\/www.fnmgroup.it\\\/wp-admin\\\/admin-ajax.php?action=get_wdtable\\u0026table_id=31&quot;,&quot;type&quot;:&quot;POST&quot;},&quot;oSearch&quot;:{&quot;bSmart&quot;:false,&quot;bRegex&quot;:false,&quot;sSearch&quot;:&quot;&quot;}},&quot;customRowDisplay&quot;:&quot;&quot;,&quot;tabletWidth&quot;:&quot;1024&quot;,&quot;mobileWidth&quot;:&quot;480&quot;,&quot;renderFilter&quot;:&quot;footer&quot;,&quot;advancedFilterEnabled&quot;:false,&quot;serverSide&quot;:true,&quot;autoRefreshInterval&quot;:0,&quot;processing&quot;:true,&quot;fnServerData&quot;:true,&quot;columnsFixed&quot;:0,&quot;sumFunctionsLabel&quot;:&quot;&quot;,&quot;avgFunctionsLabel&quot;:&quot;&quot;,&quot;minFunctionsLabel&quot;:&quot;&quot;,&quot;maxFunctionsLabel&quot;:&quot;admin&quot;,&quot;columnsDecimalPlaces&quot;:{&quot;wdt_ID&quot;:-1,&quot;wdt_created_by&quot;:-1,&quot;wdt_created_at&quot;:-1,&quot;wdt_last_edited_by&quot;:-1,&quot;wdt_last_edited_at&quot;:-1,&quot;principaliindicatoriinmilionidieuro&quot;:-1,&quot;wdtcolumn&quot;:-1,&quot;wdtcolumn1&quot;:-1,&quot;wdtcolumn2&quot;:-1,&quot;wdtcolumn3&quot;:-1,&quot;wdtcolumn4&quot;:-1},&quot;columnsThousandsSeparator&quot;:{&quot;wdt_ID&quot;:0},&quot;sumColumns&quot;:[],&quot;avgColumns&quot;:[],&quot;sumAvgColumns&quot;:[],&quot;conditional_formatting_columns&quot;:[&quot;principaliindicatoriinmilionidieuro&quot;,&quot;wdtcolumn&quot;,&quot;wdtcolumn1&quot;],&quot;timeFormat&quot;:&quot;h:i A&quot;,&quot;datepickFormat&quot;:&quot;dd\\\/mm\\\/yy&quot;}'\/>\n\n    <table id=\"table_2\"\n           class=\" scroll  display nowrap wdt-no-display data-t data-t wpDataTable wpDataTableID-31 \"\n           style=\"display: none; \"\n           data-described-by='table_2_desc'\n           data-wpdatatable_id=\"31\">\n        \n        <!-- Table header -->\n        \n<thead>\n<tr>\n                    <th\n                        class=\" wdtheader sort numdata integer \"\n        style=\"\">        wdt_ID<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        wdt_created_by<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        wdt_created_at<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        wdt_last_edited_by<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        wdt_last_edited_at<\/th>        <th\n        data-class=\"expand\"                class=\" wdtheader sort \"\n        style=\"\">        Main indicators (in millions of Euros)<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        2025<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        2024<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        2023<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        2022<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        2021<\/th>    <\/tr>\n<\/thead>\n        <!-- \/Table header -->\n\n        <!-- Table body -->\n        \n<tbody>\n<!-- Table body -->\n<div data-id=\"31\"\n     class=\"wdt-timeline-item wdt-timeline-table_2\"\n     style=\"\">\n    <div class=\"wdt-table-loader\">\n        <div class=\"wdt-table-loader-row wdt-table-loader-header\">\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n        <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n            <\/div>\n<\/div><!-- \/Table body -->\n                    <tr id=\"table_31_row_0\"\n            data-row-index=\"0\">\n                            <td style=\"\">1<\/td>\n                            <td style=\"\">adiacent_martelli<\/td>\n                            <td style=\"\">09\/09\/2026 12:36 PM<\/td>\n                            <td style=\"\">ad_ruini4562<\/td>\n                            <td style=\"\">06\/10\/2026 04:51 PM<\/td>\n                            <td style=\"\">Adjusted EBITDA<\/td>\n                            <td style=\"\">226,5<\/td>\n                            <td style=\"\">220,5<\/td>\n                            <td style=\"\">211,4<\/td>\n                            <td style=\"\">193,1<\/td>\n                            <td style=\"\">153,5<\/td>\n                    <\/tr>\n                            <tr id=\"table_31_row_1\"\n            data-row-index=\"1\">\n                            <td style=\"\">2<\/td>\n                            <td style=\"\">adiacent_martelli<\/td>\n                            <td style=\"\">09\/09\/2026 12:36 PM<\/td>\n                            <td style=\"\">ad_ruini4562<\/td>\n                            <td style=\"\">06\/10\/2026 04:52 PM<\/td>\n                            <td style=\"\">Adjusted Net Financial Position<\/td>\n                            <td style=\"\">722,5<\/td>\n                            <td style=\"\">668,5<\/td>\n                            <td style=\"\">642,8<\/td>\n                            <td style=\"\">766,9<\/td>\n                            <td style=\"\">755,6<\/td>\n                    <\/tr>\n                            <tr id=\"table_31_row_2\"\n            data-row-index=\"2\">\n                            <td style=\"\">3<\/td>\n                            <td style=\"\">adiacent_martelli<\/td>\n                            <td style=\"\">09\/09\/2026 12:36 PM<\/td>\n                            <td style=\"\">ad_ruini4562<\/td>\n                            <td style=\"\">06\/10\/2026 04:52 PM<\/td>\n                            <td style=\"\">Equity<\/td>\n                            <td style=\"\">490,5<\/td>\n                            <td style=\"\">410,5<\/td>\n                            <td style=\"\">376,2<\/td>\n                            <td style=\"\">306,9<\/td>\n                            <td style=\"\">228,3<\/td>\n                    <\/tr>\n                            <tr id=\"table_31_row_3\"\n            data-row-index=\"3\">\n                            <td style=\"\">4<\/td>\n                            <td style=\"\">adiacent_martelli<\/td>\n                            <td style=\"\">09\/09\/2026 12:36 PM<\/td>\n                            <td style=\"\">ad_ruini4562<\/td>\n                            <td style=\"\">06\/10\/2026 04:53 PM<\/td>\n                            <td style=\"\">NFP \/ EBITDA<\/td>\n                            <td style=\"\">3,2x<\/td>\n                            <td style=\"\">3,0x<\/td>\n                            <td style=\"\">3,3x<\/td>\n                            <td style=\"\">4,0x<\/td>\n                            <td style=\"\">4,3x<\/td>\n                    <\/tr>\n                            <tr id=\"table_31_row_4\"\n            data-row-index=\"4\">\n                            <td style=\"\">5<\/td>\n                            <td style=\"\">adiacent_martelli<\/td>\n                            <td style=\"\">09\/09\/2026 12:36 PM<\/td>\n                            <td style=\"\">ad_ruini4562<\/td>\n                            <td style=\"\">06\/10\/2026 04:53 PM<\/td>\n                            <td style=\"\">NFP \/ Equity<\/td>\n                            <td style=\"\">1,5x<\/td>\n                            <td style=\"\">1,6x<\/td>\n                            <td style=\"\">1,7x<\/td>\n                            <td style=\"\">2,5x<\/td>\n                            <td style=\"\">3,2x<\/td>\n                    <\/tr>\n            <\/tbody>        <!-- \/Table body -->\n\n        <!-- Table footer -->\n        \n        <!-- \/Table footer -->\n    <\/table>\n\n<\/div><style>\ntable.wpDataTable td.numdata { text-align: right !important; }\n<\/style>\n<style>\n.wpDataTablesWrapper table.wpDataTable[data-wpdatatable_id='31'] > thead > tr > th{ border: none !important; }\n<\/style>\n<style>\n                            \/* td inner border color *\/\n        .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-31 thead tr:nth-child(2) th,\n     .wpdt-c.wpDataTablesWrapper table.wpDataTable#wpdtSimpleTable-31 td,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-31 td,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-31 tr.odd td,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-31 tr.even td {\n        border-color: #E6E6E6 !important;\n    }\n\n        .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-31 thead tr:first-child th:not(:first-child):not(:last-child) {\n        border-left-color: #E6E6E6 !important;\n        border-right-color: #E6E6E6 !important;\n    }\n\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-31 thead tr th:first-child {\n        border-right-color: #E6E6E6 !important;\n        border-bottom-color: #E6E6E6 !important;\n    }\n\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-31 thead tr th:last-child {\n        border-left-color: #E6E6E6 !important;\n        border-bottom-color: #E6E6E6 !important;\n    }\n\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-31 thead tr:nth-child(1) th {\n        border-bottom-color: #E6E6E6 !important;\n    }\n\n                \/* table outer border color *\/\n    .wpdt-c.wpDataTablesWrapper table#wpdtSimpleTable-31 tr:last-child td,\n        .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-31 tfoot tr td {\n        border-bottom-color: #E6E6E6 !important;\n    }\n\n            .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-31 thead tr th:first-child,\n     .wpdt-c.wpDataTablesWrapper table#wpdtSimpleTable-31 tr td:first-child,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-31 tr td:first-child {\n        border-left-color: #E6E6E6 !important;\n    }\n\n        .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-31 thead tr th:last-child,\n     .wpdt-c.wpDataTablesWrapper table#wpdtSimpleTable-31 tr td:last-child,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-31 tr td:last-child {\n        border-right-color: #E6E6E6 !important;\n    }\n\n        .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-31 tr th {\n        border-top-color: #E6E6E6 !important;\n    }\n\n    \n    \n        \/* odd rows background color *\/\n    .wpdt-c.wpDataTablesWrapper table#wpdtSimpleTable-31 tr.odd td,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-31 tr.odd td {\n        background-color: #FFFFFF !important;\n    }\n\n            \/* even rows background color *\/\n    .wpdt-c.wpDataTablesWrapper table#wpdtSimpleTable-31 tr.even td,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-31 tr.even td,\n    .wpdt-c .wpDataTablesWrapper table.has-columns-hidden.wpDataTableID-31 tr.row-detail > td {\n        background-color: #FFFFFF !important;\n    }\n\n                                    \n                    \n<\/style>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-fc33f36 e-flex e-con-boxed e-con e-child\" data-id=\"fc33f36\" data-element_type=\"container\" data-e-type=\"container\" id=\"table3\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9d83c92 elementor-widget elementor-widget-heading\" data-id=\"9d83c92\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Outstanding bond issues<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e3d557a elementor-widget elementor-widget-heading\" data-id=\"e3d557a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Disclaimer Important<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5001803 elementor-widget elementor-widget-text-editor\" data-id=\"5001803\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>ELECTRONIC VERSIONS OF THE MATERIALS YOU ARE SEEKING TO ACCESS ARE BEING MADE AVAILABLE ON THIS WEBPAGE BY FNM S.P.A. (THE \u201cCOMPANY \u201c) IN GOOD FAITH AND FOR INFORMATION PURPOSES ONLY.<\/p><p>THESE MATERIALS ARE NOT DIRECTED AT OR ACCESSIBLE BY PERSONS LOCATED IN THE UNITED STATES, SOUTH AFRICA, AUSTRALIA OR JAPAN and any other jurisdiction where the extension or availability of the TRANSACTION (and any other transaction contemplated thereby) would breach any applicable law or regulation (THE \u201cRESTRICTED JURISDICTIONS\u201d).<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-08e8db8 elementor-widget elementor-widget-text-editor\" data-id=\"08e8db8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Please read this notice carefully \u2014 it applies to all persons who view this webpage. Please note that the disclaimer set out below may be altered or updated. 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\"\n           data-described-by='table_3_desc'\n           data-wpdatatable_id=\"32\">\n        \n        <!-- Table header -->\n        \n<thead>\n<tr>\n                    <th\n                        class=\" wdtheader sort numdata integer \"\n        style=\"\">        wdt_ID<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        wdt_created_by<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        wdt_created_at<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        wdt_last_edited_by<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        wdt_last_edited_at<\/th>        <th\n        data-class=\"expand\"                class=\" wdtheader sort \"\n        style=\"\">        Issuer<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        ISIN<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        Maturity<\/th>        <th\n                        class=\" wdtheader sort numdata integer \"\n        style=\"\">        Amount (\u20ac)<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        Documentation<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        Press release<\/th>    <\/tr>\n<\/thead>\n        <!-- \/Table header -->\n\n        <!-- Table body -->\n        \n<tbody>\n<!-- Table body -->\n<div data-id=\"32\"\n     class=\"wdt-timeline-item wdt-timeline-table_3\"\n     style=\"\">\n    <div class=\"wdt-table-loader\">\n        <div class=\"wdt-table-loader-row wdt-table-loader-header\">\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n        <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n            <\/div>\n<\/div><!-- \/Table body -->\n                    <tr id=\"table_32_row_0\"\n            data-row-index=\"0\">\n                            <td style=\"\">1<\/td>\n                            <td style=\"\">adiacent_martelli<\/td>\n                            <td style=\"\">10\/09\/2026 09:59 AM<\/td>\n                            <td style=\"\">ad_ruini4562<\/td>\n                            <td style=\"\">06\/10\/2026 05:03 PM<\/td>\n                            <td style=\"\">FNM SpA<\/td>\n                            <td style=\"\">XS2400296773<\/td>\n                            <td style=\"\">20\/10\/2026<\/td>\n                            <td style=\"\">650.000.000<\/td>\n                            <td style=\"\"><a href=\"https:\/\/www.fnmgroup.it\/wp-content\/uploads\/2022\/05\/FNM_Term-Sheet_5yr-EUR-bond.pdf\" target=\"_blank\">Term Sheet<\/a><\/td>\n                            <td style=\"\"><a href=\"https:\/\/www.fnmgroup.it\/wp-content\/uploads\/2022\/06\/FNM-collocato-con-successo-un-prestito-obbligazionario-da-650-milioni-di-euro.pdf\" target=\"_blank\">Press release<\/a><\/td>\n                    <\/tr>\n            <\/tbody>        <!-- \/Table body -->\n\n        <!-- Table footer -->\n        \n        <!-- \/Table footer -->\n    <\/table>\n\n<\/div><style>\ntable.wpDataTable td.numdata { text-align: right !important; }\n<\/style>\n<style>\n.wpDataTablesWrapper table.wpDataTable[data-wpdatatable_id='32'] > thead > tr > th{ border: none !important; }\n<\/style>\n<style>\n                            \n            \/* even rows background color *\/\n    .wpdt-c.wpDataTablesWrapper table#wpdtSimpleTable-32 tr.even td,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-32 tr.even td,\n    .wpdt-c .wpDataTablesWrapper table.has-columns-hidden.wpDataTableID-32 tr.row-detail > td {\n        background-color: #F6F6F6 !important;\n    }\n\n                                    \n                    \n<\/style>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a685d21 elementor-widget elementor-widget-html\" data-id=\"a685d21\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t<script>\ndocument.addEventListener('DOMContentLoaded', function() {\n  var btnAccetto = document.getElementById('btn-accetto');\n  var btnNonAccetto = document.getElementById('btn-non-accetto');\n  var contenuto = document.getElementById('contenuto-accetta');\n  \n  if (btnAccetto && contenuto) {\n    btnAccetto.addEventListener('click', function() {\n      contenuto.style.display = 'block';\n    });\n  }\n  \n  if (btnNonAccetto && contenuto) {\n    btnNonAccetto.addEventListener('click', function() {\n      contenuto.style.display = 'none';\n    });\n  }\n});\n<\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c96785b e-flex e-con-boxed e-con e-child\" data-id=\"c96785b\" data-element_type=\"container\" data-e-type=\"container\" id=\"table4\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3ab5387 elementor-widget elementor-widget-heading\" data-id=\"3ab5387\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">EMTN program<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-665dd4b elementor-widget elementor-widget-heading\" data-id=\"665dd4b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">DISCLAIMER-IMPORTANT<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7e508a8 elementor-widget elementor-widget-text-editor\" data-id=\"7e508a8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>ELECTRONIC VERSIONS OF THE MATERIALS YOU ARE SEEKING TO ACCESS ARE BEING MADE AVAILABLE ON THIS WEBPAGE BY FNM S.P.A. (THE \u201cCOMPANY \u201c) IN GOOD FAITH AND FOR INFORMATION PURPOSES ONLY.<\/p><p>THESE MATERIALS ARE NOT DIRECTED AT OR ACCESSIBLE BY PERSONS LOCATED IN THE UNITED STATES, SOUTH AFRICA, AUSTRALIA OR JAPAN and any other jurisdiction where the extension or availability of the TRANSACTION (and any other transaction contemplated thereby) would breach any applicable law or regulation (THE \u201cRESTRICTED JURISDICTIONS\u201d).<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b90ac8a elementor-widget elementor-widget-text-editor\" data-id=\"b90ac8a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Please read this notice carefully \u2014 it applies to all persons who view this webpage. Please note that the disclaimer set out below may be altered or updated. You should read it in full each time you visit the site.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-819dc90 elementor-widget elementor-widget-heading\" data-id=\"819dc90\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Basis of access<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6f333dc elementor-widget elementor-widget-text-editor\" data-id=\"6f333dc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Access to electronic versions of these materials is being made available by the Company in good faith and for information purposes only. Any person seeking access to this webpage represents and warrants to the Company that they are doing so for information purposes only. Making press announcements and other documents available in electronic format does not constitute an offer to sell or the solicitation of an offer to buy the securities mentioned in such materials (the \u201cSecurities\u201d). Further, it does not constitute a recommendation by the Company or any other party to sell or buy the Securities.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6bc7e4f elementor-widget elementor-widget-heading\" data-id=\"6bc7e4f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Overseas Persons<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d94a057 elementor-widget elementor-widget-text-editor\" data-id=\"d94a057\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Viewing the materials on this webpage may not be lawful in certain jurisdictions. In other jurisdictions, only certain categories of person may be allowed to view such materials. Any persons in or resident in any Restricted Jurisdiction, who wish to view these materials should satisfy themselves that they are not subject to any local requirements that prohibit or restrict them from doing so.<\/p><p>In particular, unless otherwise determined by the Company and permitted by applicable law and regulation, the materials do not constitute or form a part of any offer or solicitation to purchase or subscribe for the Securities by the Company made in the Restricted Jurisdictions or any other jurisdiction in which such offers or sales are unlawful prior to registration or qualification under the securities laws of any such jurisdiction.<\/p><p>In particular, the Securities have not been and will not be registered under the US Securities Act of 1933 (the \u201cSecurities Act\u201d), and may not be offered or sold in or into the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. The Securities will not be registered under or offered in compliance with applicable securities laws of any state, province, territory, county or jurisdiction of the United States or the other Restricted Jurisdictions. Accordingly, unless an exemption under the relevant securities law is applicable, the Securities may not be offered, sold, taken up, exercised, renounced, resold, delivered or distributed, directly or indirectly, in or into the United States or the other Restricted Jurisdictions or any other jurisdiction if to do so would constitute a violation of the relevant laws of, or require registration thereof in, such jurisdiction There will be no public offering of the Securities in the United States.<\/p><p>If you are not permitted to view materials on this webpage or are in any doubt as to whether you are permitted to view these materials, please exit this webpage.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ed88fc9 elementor-widget elementor-widget-heading\" data-id=\"ed88fc9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Confirmation of understanding and acceptance of disclaimer<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5517a9b elementor-widget elementor-widget-text-editor\" data-id=\"5517a9b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Electronic versions of these materials are not directed at or accessible by nor should they be made available to persons located in the Restricted Jurisdictions or in any other restricted jurisdiction.<\/p><p>By clicking the \u201cAccept\u201d button, I certify that I am not located in any of the Restricted Jurisdictions or any other Restricted Jurisdiction.<\/p><p>I have read and understood the disclaimer set out above. I understand that it may affect my rights. I agree to be subject to these terms. By clicking on the \u201cAccept\u201d button, I confirm that I am authorized to access the electronic version of these materials.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b7a8ceb e-con-full e-flex e-con e-child\" data-id=\"b7a8ceb\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-10f71ae elementor-invisible elementor-widget elementor-widget-button\" data-id=\"10f71ae\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;}\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-size-sm\" role=\"button\" id=\"btn-accetto2\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span 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0 di 0 elementi&quot;,&quot;sInfoFiltered&quot;:&quot;(filtrati da _MAX_ elementi totali)&quot;,&quot;sInfoPostFix&quot;:&quot;&quot;,&quot;sInfoThousands&quot;:&quot;,&quot;,&quot;sLengthMenu&quot;:&quot;Visualizza _MENU_ elementi&quot;,&quot;sLoadingRecords&quot;:&quot;Caricamento...&quot;,&quot;sProcessing&quot;:&quot;Elaborazione...&quot;,&quot;sSearch&quot;:&quot;Cerca:&quot;,&quot;sSearchPlaceholder&quot;:&quot;&quot;,&quot;sZeroRecords&quot;:&quot;La ricerca non ha portato alcun risultato.&quot;,&quot;oPaginate&quot;:{&quot;sFirst&quot;:&quot;Inizio&quot;,&quot;sPrevious&quot;:&quot;Precedente&quot;,&quot;sNext&quot;:&quot;Successivo&quot;,&quot;sLast&quot;:&quot;Fine&quot;},&quot;oAria&quot;:{&quot;sSortAscending&quot;:&quot;: attiva per ordinare la colonna in ordine crescente&quot;,&quot;sSortDescending&quot;:&quot;: attiva per ordinare la colonna in ordine decrescente&quot;}},&quot;buttons&quot;:[],&quot;bProcessing&quot;:false,&quot;serverSide&quot;:true,&quot;ajax&quot;:{&quot;url&quot;:&quot;https:\\\/\\\/www.fnmgroup.it\\\/wp-admin\\\/admin-ajax.php?action=get_wdtable\\u0026table_id=33&quot;,&quot;type&quot;:&quot;POST&quot;},&quot;oSearch&quot;:{&quot;bSmart&quot;:false,&quot;bRegex&quot;:false,&quot;sSearch&quot;:&quot;&quot;}},&quot;customRowDisplay&quot;:&quot;&quot;,&quot;tabletWidth&quot;:&quot;1024&quot;,&quot;mobileWidth&quot;:&quot;480&quot;,&quot;renderFilter&quot;:&quot;footer&quot;,&quot;advancedFilterEnabled&quot;:false,&quot;serverSide&quot;:true,&quot;autoRefreshInterval&quot;:0,&quot;processing&quot;:true,&quot;fnServerData&quot;:true,&quot;columnsFixed&quot;:0,&quot;sumFunctionsLabel&quot;:&quot;&quot;,&quot;avgFunctionsLabel&quot;:&quot;&quot;,&quot;minFunctionsLabel&quot;:&quot;&quot;,&quot;maxFunctionsLabel&quot;:&quot;admin&quot;,&quot;columnsDecimalPlaces&quot;:{&quot;wdt_ID&quot;:-1,&quot;wdt_created_at&quot;:-1,&quot;wdt_last_edited_by&quot;:-1,&quot;wdt_last_edited_at&quot;:-1,&quot;data&quot;:-1,&quot;documentiscaricabili&quot;:-1},&quot;columnsThousandsSeparator&quot;:{&quot;wdt_ID&quot;:0},&quot;sumColumns&quot;:[],&quot;avgColumns&quot;:[],&quot;sumAvgColumns&quot;:[],&quot;timeFormat&quot;:&quot;h:i A&quot;,&quot;datepickFormat&quot;:&quot;dd\\\/mm\\\/yy&quot;}'\/>\n\n    <table id=\"table_4\"\n           class=\" scroll  display nowrap wdt-no-display data-t data-t wpDataTable wpDataTableID-33 \"\n           style=\"display: none; \"\n           data-described-by='table_4_desc'\n           data-wpdatatable_id=\"33\">\n        \n        <!-- Table header -->\n        \n<thead>\n<tr>\n                    <th\n                        class=\" wdtheader sort numdata integer \"\n        style=\"\">        wdt_ID<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        wdt_created_at<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        wdt_last_edited_by<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        wdt_last_edited_at<\/th>        <th\n        data-class=\"expand\"                class=\" wdtheader sort \"\n        style=\"\">        Date<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        Downloadable documents<\/th>    <\/tr>\n<\/thead>\n        <!-- \/Table header -->\n\n        <!-- Table body -->\n        \n<tbody>\n<!-- Table body -->\n<div data-id=\"33\"\n     class=\"wdt-timeline-item wdt-timeline-table_4\"\n     style=\"\">\n    <div class=\"wdt-table-loader\">\n        <div class=\"wdt-table-loader-row wdt-table-loader-header\">\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n        <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n            <\/div>\n<\/div><!-- \/Table body -->\n                    <tr id=\"table_33_row_0\"\n            data-row-index=\"0\">\n                            <td style=\"\">1<\/td>\n                            <td style=\"\">09\/09\/2026 05:01 PM<\/td>\n                            <td style=\"\">ad_ruini4562<\/td>\n                            <td style=\"\">06\/10\/2026 05:15 PM<\/td>\n                            <td style=\"\">28\/09\/2021 06:45 PM<\/td>\n                            <td style=\"\"><a href=\"https:\/\/www.fnmgroup.it\/wp-content\/uploads\/2022\/05\/Project-Green-Base-Final-Subbmision.pdf\" target=\"_blank\">Base Prospectus<\/a><\/td>\n                    <\/tr>\n                            <tr id=\"table_33_row_1\"\n            data-row-index=\"1\">\n                            <td style=\"\">2<\/td>\n                            <td style=\"\">09\/09\/2026 05:01 PM<\/td>\n                            <td style=\"\">ad_ruini4562<\/td>\n                            <td style=\"\">06\/10\/2026 05:14 PM<\/td>\n                            <td style=\"\">28\/09\/2021 06:45 PM<\/td>\n                            <td style=\"\"><a href=\"https:\/\/www.fnmgroup.it\/wp-content\/uploads\/2022\/05\/Project-Green-Agency-FNM.pdf\" target=\"_blank\">Agency Agreement (FNM)<\/a><\/td>\n                    <\/tr>\n                            <tr id=\"table_33_row_2\"\n            data-row-index=\"2\">\n                            <td style=\"\">3<\/td>\n                            <td style=\"\">09\/09\/2026 05:01 PM<\/td>\n                            <td style=\"\">ad_ruini4562<\/td>\n                            <td style=\"\">06\/10\/2026 05:14 PM<\/td>\n                            <td style=\"\">28\/09\/2021 06:45 PM<\/td>\n                            <td style=\"\"><a href=\"https:\/\/www.fnmgroup.it\/wp-content\/uploads\/2022\/05\/Project-Green-Agency-BNYM.pdf\" target=\"_blank\">Agency Agreement (BNYM)<\/a><\/td>\n                    <\/tr>\n                            <tr id=\"table_33_row_3\"\n            data-row-index=\"3\">\n                            <td style=\"\">4<\/td>\n                            <td style=\"\">09\/09\/2026 05:01 PM<\/td>\n                            <td style=\"\">ad_ruini4562<\/td>\n                            <td style=\"\">06\/10\/2026 05:12 PM<\/td>\n                            <td style=\"\">28\/09\/2021 06:45 PM<\/td>\n                            <td style=\"\"><a href=\"https:\/\/www.fnmgroup.it\/wp-content\/uploads\/2022\/05\/Project-Green-Deed-Covenant-FNM.pdf\" target=\"_blank\">Deed of Covenant<\/a><\/td>\n                    <\/tr>\n                            <tr id=\"table_33_row_4\"\n            data-row-index=\"4\">\n                            <td style=\"\">5<\/td>\n                            <td style=\"\">09\/09\/2026 05:01 PM<\/td>\n                            <td style=\"\">ad_ruini4562<\/td>\n                            <td style=\"\">06\/10\/2026 05:12 PM<\/td>\n                            <td style=\"\">28\/09\/2021 06:45 PM<\/td>\n                            <td style=\"\"><a href=\"https:\/\/www.fnmgroup.it\/wp-content\/uploads\/\/2022\/05\/Statuto-FNM-EN-2021.pdf\" target=\"_blank\">By-Laws<\/a><\/td>\n                    <\/tr>\n            <\/tbody>        <!-- \/Table body -->\n\n        <!-- Table footer -->\n        \n        <!-- \/Table footer -->\n    <\/table>\n\n<\/div><style>\ntable.wpDataTable td.numdata { text-align: right !important; }\n<\/style>\n<style>\n.wpDataTablesWrapper table.wpDataTable[data-wpdatatable_id='33'] > thead > tr > th{ border: none !important; }\n<\/style>\n<style>\n                            \/* td inner border color *\/\n        .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-33 thead tr:nth-child(2) th,\n     .wpdt-c.wpDataTablesWrapper table.wpDataTable#wpdtSimpleTable-33 td,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-33 td,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-33 tr.odd td,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-33 tr.even td {\n        border-color: #E6E6E6 !important;\n    }\n\n        .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-33 thead tr:first-child th:not(:first-child):not(:last-child) {\n        border-left-color: #E6E6E6 !important;\n        border-right-color: #E6E6E6 !important;\n    }\n\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-33 thead tr th:first-child {\n        border-right-color: #E6E6E6 !important;\n        border-bottom-color: #E6E6E6 !important;\n    }\n\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-33 thead tr th:last-child {\n        border-left-color: #E6E6E6 !important;\n        border-bottom-color: #E6E6E6 !important;\n    }\n\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-33 thead tr:nth-child(1) th {\n        border-bottom-color: #E6E6E6 !important;\n    }\n\n                \/* table outer border color *\/\n    .wpdt-c.wpDataTablesWrapper table#wpdtSimpleTable-33 tr:last-child td,\n        .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-33 tfoot tr td {\n        border-bottom-color: #E6E6E6 !important;\n    }\n\n            .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-33 thead tr th:first-child,\n     .wpdt-c.wpDataTablesWrapper table#wpdtSimpleTable-33 tr td:first-child,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-33 tr td:first-child {\n        border-left-color: #E6E6E6 !important;\n    }\n\n        .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-33 thead tr th:last-child,\n     .wpdt-c.wpDataTablesWrapper table#wpdtSimpleTable-33 tr td:last-child,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-33 tr td:last-child {\n        border-right-color: #E6E6E6 !important;\n    }\n\n        .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-33 tr th {\n        border-top-color: #E6E6E6 !important;\n    }\n\n    \n    \n        \/* odd rows background color *\/\n    .wpdt-c.wpDataTablesWrapper table#wpdtSimpleTable-33 tr.odd td,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-33 tr.odd td {\n        background-color: #FFFFFF !important;\n    }\n\n            \/* even rows background color *\/\n    .wpdt-c.wpDataTablesWrapper table#wpdtSimpleTable-33 tr.even td,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-33 tr.even td,\n    .wpdt-c .wpDataTablesWrapper table.has-columns-hidden.wpDataTableID-33 tr.row-detail > td {\n        background-color: #FFFFFF !important;\n    }\n\n                                    \n                    \n<\/style>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6706ec7 elementor-widget elementor-widget-text-editor\" data-id=\"6706ec7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><a href=\"\/en\/financial-statements-and-reports\/\"><span data-teams=\"true\">Please click here to access the other documents incorporated by reference.<\/span><\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ec367ab elementor-widget elementor-widget-html\" data-id=\"ec367ab\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t<script>\ndocument.addEventListener('DOMContentLoaded', function() {\n  var btnAccetto = document.getElementById('btn-accetto2');\n  var btnNonAccetto = document.getElementById('btn-non-accetto2');\n  var contenuto = document.getElementById('contenuto-accetta2');\n  \n  if (btnAccetto && contenuto) {\n    btnAccetto.addEventListener('click', function() {\n      contenuto.style.display = 'block';\n    });\n  }\n  \n  if (btnNonAccetto && contenuto) {\n    btnNonAccetto.addEventListener('click', function() {\n      contenuto.style.display = 'none';\n    });\n  }\n});\n<\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e31eabc e-flex e-con-boxed e-con e-child\" data-id=\"e31eabc\" data-element_type=\"container\" data-e-type=\"container\" id=\"table5\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-295ef3e elementor-widget elementor-widget-heading\" data-id=\"295ef3e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Credit rating<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2295568 elementor-widget elementor-widget-text-editor\" data-id=\"2295568\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p id=\"yui_patched_v3_11_0_1_1613143397761_678\">The page shows the official rating that specialized credit agencies (Moody\u2019s and Fitch) attribute to FNM, representing the creditworthiness and stability of the corporate financial structure.<\/p><p>Here are the ratings assigned for the first time by Moody\u2019s and Fitch and the related documentation:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1beb191 e-con-full e-flex e-con e-child\" data-id=\"1beb191\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t<div class=\"elementor-element elementor-element-360322e e-con-full e-flex e-con e-child\" data-id=\"360322e\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-60f0946 elementor-widget elementor-widget-wpdatatables\" data-id=\"60f0946\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"wpdatatables.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<div class=\"wpdt-c wdt-skin-light\">\n    \n    <input type=\"hidden\" id=\"wdtNonceFrontendServerSide_49\" name=\"wdtNonceFrontendServerSide_49\" value=\"eacc14fc48\" \/><input type=\"hidden\" name=\"_wp_http_referer\" value=\"\/en\/wp-json\/wp\/v2\/pages\/52097\" \/><input type=\"hidden\" id=\"wdtFrontendelementorNonce_49\" name=\"wdtFrontendelementorNonce_49\" value=\"578294234f\" \/>    <input type=\"hidden\" id=\"table_5_desc\"\n           value='{&quot;tableId&quot;:&quot;table_5&quot;,&quot;tableType&quot;:&quot;manual&quot;,&quot;selector&quot;:&quot;#table_5&quot;,&quot;responsive&quot;:false,&quot;responsiveAction&quot;:&quot;icon&quot;,&quot;editable&quot;:false,&quot;inlineEditing&quot;:false,&quot;infoBlock&quot;:false,&quot;pagination_top&quot;:0,&quot;pagination&quot;:0,&quot;paginationAlign&quot;:&quot;right&quot;,&quot;paginationLayout&quot;:&quot;full_numbers&quot;,&quot;paginationLayoutMobile&quot;:&quot;simple&quot;,&quot;file_location&quot;:&quot;&quot;,&quot;tableSkin&quot;:&quot;light&quot;,&quot;table_wcag&quot;:0,&quot;advanced_filter_option&quot;:0,&quot;simple_template_id&quot;:0,&quot;scrollable&quot;:true,&quot;fixedLayout&quot;:false,&quot;globalSearch&quot;:false,&quot;showRowsPerPage&quot;:false,&quot;popoverTools&quot;:false,&quot;loader&quot;:1,&quot;showCartInformation&quot;:0,&quot;hideBeforeLoad&quot;:true,&quot;number_format&quot;:1,&quot;decimalPlaces&quot;:1,&quot;spinnerSrc&quot;:&quot;https:\\\/\\\/www.fnmgroup.it\\\/wp-content\\\/plugins\\\/wpdatatables\\\/assets\\\/\\\/img\\\/spinner.gif&quot;,&quot;index_column&quot;:0,&quot;groupingEnabled&quot;:false,&quot;tableWpId&quot;:49,&quot;dataTableParams&quot;:{&quot;sDom&quot;:&quot;BT\\u003C\\u0027clear\\u0027\\u003E\\u003C\\u0027wdtscroll\\u0027t\\u003E&quot;,&quot;bSortCellsTop&quot;:false,&quot;bFilter&quot;:true,&quot;aLengthMenu&quot;:[[1,5,10,25,50,100,-1],[1,5,10,25,50,100,&quot;All&quot;]],&quot;iDisplayLength&quot;:10,&quot;columnDefs&quot;:[{&quot;sType&quot;:&quot;formatted-num&quot;,&quot;wdtType&quot;:&quot;int&quot;,&quot;bVisible&quot;:false,&quot;orderable&quot;:true,&quot;searchable&quot;:true,&quot;InputType&quot;:&quot;text&quot;,&quot;name&quot;:&quot;wdt_ID&quot;,&quot;origHeader&quot;:&quot;wdt_ID&quot;,&quot;notNull&quot;:false,&quot;conditionalFormattingRules&quot;:[],&quot;transformValueRules&quot;:&quot;&quot;,&quot;className&quot;:&quot;numdata 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column-wdt_created_at&quot;,&quot;aTargets&quot;:[2]},{&quot;sType&quot;:&quot;string&quot;,&quot;wdtType&quot;:&quot;string&quot;,&quot;bVisible&quot;:false,&quot;orderable&quot;:true,&quot;searchable&quot;:true,&quot;InputType&quot;:&quot;text&quot;,&quot;name&quot;:&quot;wdt_last_edited_by&quot;,&quot;origHeader&quot;:&quot;wdt_last_edited_by&quot;,&quot;notNull&quot;:false,&quot;conditionalFormattingRules&quot;:[],&quot;transformValueRules&quot;:&quot;&quot;,&quot;className&quot;:&quot; column-wdt_last_edited_by&quot;,&quot;aTargets&quot;:[3]},{&quot;sType&quot;:&quot;date-custom&quot;,&quot;wdtType&quot;:&quot;datetime&quot;,&quot;bVisible&quot;:false,&quot;orderable&quot;:true,&quot;searchable&quot;:true,&quot;InputType&quot;:&quot;datetime&quot;,&quot;name&quot;:&quot;wdt_last_edited_at&quot;,&quot;origHeader&quot;:&quot;wdt_last_edited_at&quot;,&quot;notNull&quot;:false,&quot;conditionalFormattingRules&quot;:[],&quot;transformValueRules&quot;:&quot;&quot;,&quot;className&quot;:&quot; column-wdt_last_edited_at&quot;,&quot;aTargets&quot;:[4]},{&quot;sType&quot;:&quot;string&quot;,&quot;wdtType&quot;:&quot;string&quot;,&quot;bVisible&quot;:true,&quot;orderable&quot;:true,&quot;searchable&quot;:true,&quot;InputType&quot;:&quot;text&quot;,&quot;name&quot;:&quot;moodys&quot;,&quot;origHeader&quot;:&quot;moodys&quot;,&quot;notNull&quot;:false,&quot;conditionalFormattingRules&quot;:[],&quot;transformValueRules&quot;:&quot;&quot;,&quot;className&quot;:&quot; column-moodys&quot;,&quot;aTargets&quot;:[5]},{&quot;sType&quot;:&quot;string&quot;,&quot;wdtType&quot;:&quot;string&quot;,&quot;bVisible&quot;:true,&quot;orderable&quot;:false,&quot;searchable&quot;:true,&quot;InputType&quot;:&quot;text&quot;,&quot;name&quot;:&quot;nuovacolonna&quot;,&quot;origHeader&quot;:&quot;nuovacolonna&quot;,&quot;notNull&quot;:false,&quot;conditionalFormattingRules&quot;:[],&quot;transformValueRules&quot;:&quot;&quot;,&quot;className&quot;:&quot; column-nuovacolonna&quot;,&quot;aTargets&quot;:[6]}],&quot;bAutoWidth&quot;:false,&quot;order&quot;:[[0,&quot;asc&quot;]],&quot;ordering&quot;:false,&quot;fixedHeader&quot;:{&quot;header&quot;:false,&quot;headerOffset&quot;:0},&quot;fixedColumns&quot;:{&quot;left&quot;:1,&quot;right&quot;:0},&quot;oLanguage&quot;:{&quot;sEmptyTable&quot;:&quot;Nessun dato presente nella tabella&quot;,&quot;sInfo&quot;:&quot;Vista da _START_ a _END_ di _TOTAL_ elementi&quot;,&quot;sInfoEmpty&quot;:&quot;Vista da 0 a 0 di 0 elementi&quot;,&quot;sInfoFiltered&quot;:&quot;(filtrati da _MAX_ elementi totali)&quot;,&quot;sInfoPostFix&quot;:&quot;&quot;,&quot;sInfoThousands&quot;:&quot;,&quot;,&quot;sLengthMenu&quot;:&quot;Visualizza _MENU_ elementi&quot;,&quot;sLoadingRecords&quot;:&quot;Caricamento...&quot;,&quot;sProcessing&quot;:&quot;Elaborazione...&quot;,&quot;sSearch&quot;:&quot;Cerca:&quot;,&quot;sSearchPlaceholder&quot;:&quot;&quot;,&quot;sZeroRecords&quot;:&quot;La ricerca non ha portato alcun risultato.&quot;,&quot;oPaginate&quot;:{&quot;sFirst&quot;:&quot;Inizio&quot;,&quot;sPrevious&quot;:&quot;Precedente&quot;,&quot;sNext&quot;:&quot;Successivo&quot;,&quot;sLast&quot;:&quot;Fine&quot;},&quot;oAria&quot;:{&quot;sSortAscending&quot;:&quot;: attiva per ordinare la colonna in ordine crescente&quot;,&quot;sSortDescending&quot;:&quot;: attiva per ordinare la colonna in ordine decrescente&quot;}},&quot;buttons&quot;:[],&quot;bProcessing&quot;:false,&quot;serverSide&quot;:true,&quot;ajax&quot;:{&quot;url&quot;:&quot;https:\\\/\\\/www.fnmgroup.it\\\/wp-admin\\\/admin-ajax.php?action=get_wdtable\\u0026table_id=49&quot;,&quot;type&quot;:&quot;POST&quot;},&quot;oSearch&quot;:{&quot;bSmart&quot;:false,&quot;bRegex&quot;:false,&quot;sSearch&quot;:&quot;&quot;}},&quot;customRowDisplay&quot;:&quot;&quot;,&quot;tabletWidth&quot;:&quot;1024&quot;,&quot;mobileWidth&quot;:&quot;480&quot;,&quot;renderFilter&quot;:&quot;footer&quot;,&quot;advancedFilterEnabled&quot;:false,&quot;serverSide&quot;:true,&quot;autoRefreshInterval&quot;:0,&quot;processing&quot;:true,&quot;fnServerData&quot;:true,&quot;columnsFixed&quot;:0,&quot;sumFunctionsLabel&quot;:&quot;&quot;,&quot;avgFunctionsLabel&quot;:&quot;&quot;,&quot;minFunctionsLabel&quot;:&quot;&quot;,&quot;maxFunctionsLabel&quot;:&quot;admin&quot;,&quot;columnsDecimalPlaces&quot;:{&quot;wdt_ID&quot;:-1,&quot;wdt_created_by&quot;:-1,&quot;wdt_created_at&quot;:-1,&quot;wdt_last_edited_by&quot;:-1,&quot;wdt_last_edited_at&quot;:-1,&quot;moodys&quot;:-1,&quot;nuovacolonna&quot;:-1},&quot;columnsThousandsSeparator&quot;:{&quot;wdt_ID&quot;:0},&quot;sumColumns&quot;:[],&quot;avgColumns&quot;:[],&quot;sumAvgColumns&quot;:[],&quot;timeFormat&quot;:&quot;h:i A&quot;,&quot;datepickFormat&quot;:&quot;dd\\\/mm\\\/yy&quot;}'\/>\n\n    <table id=\"table_5\"\n           class=\" scroll  display nowrap wdt-no-display data-t data-t wpDataTable wpDataTableID-49 \"\n           style=\"display: none; \"\n           data-described-by='table_5_desc'\n           data-wpdatatable_id=\"49\">\n        \n        <!-- Table header -->\n        \n<thead>\n<tr>\n                    <th\n                        class=\" wdtheader sort numdata integer \"\n        style=\"\">        wdt_ID<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        wdt_created_by<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        wdt_created_at<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        wdt_last_edited_by<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        wdt_last_edited_at<\/th>        <th\n        data-class=\"expand\"                class=\" wdtheader sort \"\n        style=\"\">        Moody&#039;s<\/th>        <th\n                        class=\" wdtheader \"\n        style=\"\">        &nbsp;<\/th>    <\/tr>\n<\/thead>\n        <!-- \/Table header -->\n\n        <!-- Table body -->\n        \n<tbody>\n<!-- Table body -->\n<div data-id=\"49\"\n     class=\"wdt-timeline-item wdt-timeline-table_5\"\n     style=\"\">\n    <div class=\"wdt-table-loader\">\n        <div class=\"wdt-table-loader-row wdt-table-loader-header\">\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n        <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n            <\/div>\n<\/div><!-- \/Table body -->\n                    <tr id=\"table_49_row_0\"\n            data-row-index=\"0\">\n                            <td style=\"\">1<\/td>\n                            <td style=\"\">adiacent_martelli<\/td>\n                            <td style=\"\">10\/09\/2026 10:42 AM<\/td>\n                            <td style=\"\">adiacent_martelli<\/td>\n                            <td style=\"\">10\/09\/2026 10:49 AM<\/td>\n                            <td style=\"\">Long term<\/td>\n                            <td style=\"\">Baa3<\/td>\n                    <\/tr>\n                            <tr id=\"table_49_row_1\"\n            data-row-index=\"1\">\n                            <td style=\"\">2<\/td>\n                            <td style=\"\">adiacent_martelli<\/td>\n                            <td style=\"\">10\/09\/2026 10:42 AM<\/td>\n                            <td style=\"\">adiacent_martelli<\/td>\n                            <td style=\"\">10\/09\/2026 10:50 AM<\/td>\n                            <td style=\"\">Outlook<\/td>\n                            <td style=\"\">Stable<\/td>\n                    <\/tr>\n                            <tr id=\"table_49_row_2\"\n            data-row-index=\"2\">\n                            <td style=\"\">3<\/td>\n                            <td style=\"\">adiacent_martelli<\/td>\n                            <td style=\"\">10\/09\/2026 10:42 AM<\/td>\n                            <td style=\"\">adiacent_martelli<\/td>\n                            <td style=\"\">10\/09\/2026 10:46 AM<\/td>\n                            <td style=\"\">Date of last revision<\/td>\n                            <td style=\"\">17 July 2026<\/td>\n                    <\/tr>\n            <\/tbody>        <!-- \/Table body -->\n\n        <!-- Table footer -->\n        \n        <!-- \/Table footer -->\n    <\/table>\n\n<\/div><style>\ntable.wpDataTable td.numdata { text-align: right !important; }\n<\/style>\n<style>\n<\/style>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9f326f5 underline-link elementor-widget elementor-widget-heading\" data-id=\"9f326f5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<div class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/www.moodys.com\/\" target=\"_blank\">Link to Moody\u2019s internet site<\/a><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d94fb50 e-con-full e-flex e-con e-child\" data-id=\"d94fb50\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-47a8712 elementor-widget elementor-widget-wpdatatables\" data-id=\"47a8712\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"wpdatatables.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<div class=\"wpdt-c wdt-skin-light\">\n    \n    <input type=\"hidden\" id=\"wdtNonceFrontendServerSide_50\" name=\"wdtNonceFrontendServerSide_50\" value=\"b2a1e1b36f\" \/><input type=\"hidden\" name=\"_wp_http_referer\" value=\"\/en\/wp-json\/wp\/v2\/pages\/52097\" \/><input type=\"hidden\" id=\"wdtFrontendelementorNonce_50\" name=\"wdtFrontendelementorNonce_50\" value=\"2326983fe6\" \/>    <input type=\"hidden\" id=\"table_6_desc\"\n           value='{&quot;tableId&quot;:&quot;table_6&quot;,&quot;tableType&quot;:&quot;manual&quot;,&quot;selector&quot;:&quot;#table_6&quot;,&quot;responsive&quot;:false,&quot;responsiveAction&quot;:&quot;icon&quot;,&quot;editable&quot;:false,&quot;inlineEditing&quot;:false,&quot;infoBlock&quot;:false,&quot;pagination_top&quot;:0,&quot;pagination&quot;:0,&quot;paginationAlign&quot;:&quot;right&quot;,&quot;paginationLayout&quot;:&quot;full_numbers&quot;,&quot;paginationLayoutMobile&quot;:&quot;simple&quot;,&quot;file_location&quot;:&quot;&quot;,&quot;tableSkin&quot;:&quot;light&quot;,&quot;table_wcag&quot;:0,&quot;advanced_filter_option&quot;:0,&quot;simple_template_id&quot;:0,&quot;scrollable&quot;:true,&quot;fixedLayout&quot;:false,&quot;globalSearch&quot;:false,&quot;showRowsPerPage&quot;:false,&quot;popoverTools&quot;:false,&quot;loader&quot;:1,&quot;showCartInformation&quot;:0,&quot;hideBeforeLoad&quot;:true,&quot;number_format&quot;:1,&quot;decimalPlaces&quot;:1,&quot;spinnerSrc&quot;:&quot;https:\\\/\\\/www.fnmgroup.it\\\/wp-content\\\/plugins\\\/wpdatatables\\\/assets\\\/\\\/img\\\/spinner.gif&quot;,&quot;index_column&quot;:0,&quot;groupingEnabled&quot;:false,&quot;tableWpId&quot;:50,&quot;dataTableParams&quot;:{&quot;sDom&quot;:&quot;BT\\u003C\\u0027clear\\u0027\\u003E\\u003C\\u0027wdtscroll\\u0027t\\u003E&quot;,&quot;bSortCellsTop&quot;:false,&quot;bFilter&quot;:true,&quot;aLengthMenu&quot;:[[1,5,10,25,50,100,-1],[1,5,10,25,50,100,&quot;All&quot;]],&quot;iDisplayLength&quot;:10,&quot;columnDefs&quot;:[{&quot;sType&quot;:&quot;formatted-num&quot;,&quot;wdtType&quot;:&quot;int&quot;,&quot;bVisible&quot;:false,&quot;orderable&quot;:true,&quot;searchable&quot;:true,&quot;InputType&quot;:&quot;text&quot;,&quot;name&quot;:&quot;wdt_ID&quot;,&quot;origHeader&quot;:&quot;wdt_ID&quot;,&quot;notNull&quot;:false,&quot;conditionalFormattingRules&quot;:[],&quot;transformValueRules&quot;:&quot;&quot;,&quot;className&quot;:&quot;numdata integer  column-wdt_id&quot;,&quot;aTargets&quot;:[0]},{&quot;sType&quot;:&quot;string&quot;,&quot;wdtType&quot;:&quot;string&quot;,&quot;bVisible&quot;:false,&quot;orderable&quot;:true,&quot;searchable&quot;:true,&quot;InputType&quot;:&quot;text&quot;,&quot;name&quot;:&quot;wdt_created_by&quot;,&quot;origHeader&quot;:&quot;wdt_created_by&quot;,&quot;notNull&quot;:false,&quot;conditionalFormattingRules&quot;:[],&quot;transformValueRules&quot;:&quot;&quot;,&quot;className&quot;:&quot; column-wdt_created_by&quot;,&quot;aTargets&quot;:[1]},{&quot;sType&quot;:&quot;date-custom&quot;,&quot;wdtType&quot;:&quot;datetime&quot;,&quot;bVisible&quot;:false,&quot;orderable&quot;:true,&quot;searchable&quot;:true,&quot;InputType&quot;:&quot;datetime&quot;,&quot;name&quot;:&quot;wdt_created_at&quot;,&quot;origHeader&quot;:&quot;wdt_created_at&quot;,&quot;notNull&quot;:false,&quot;conditionalFormattingRules&quot;:[],&quot;transformValueRules&quot;:&quot;&quot;,&quot;className&quot;:&quot; column-wdt_created_at&quot;,&quot;aTargets&quot;:[2]},{&quot;sType&quot;:&quot;string&quot;,&quot;wdtType&quot;:&quot;string&quot;,&quot;bVisible&quot;:false,&quot;orderable&quot;:true,&quot;searchable&quot;:true,&quot;InputType&quot;:&quot;text&quot;,&quot;name&quot;:&quot;wdt_last_edited_by&quot;,&quot;origHeader&quot;:&quot;wdt_last_edited_by&quot;,&quot;notNull&quot;:false,&quot;conditionalFormattingRules&quot;:[],&quot;transformValueRules&quot;:&quot;&quot;,&quot;className&quot;:&quot; column-wdt_last_edited_by&quot;,&quot;aTargets&quot;:[3]},{&quot;sType&quot;:&quot;date-custom&quot;,&quot;wdtType&quot;:&quot;datetime&quot;,&quot;bVisible&quot;:false,&quot;orderable&quot;:true,&quot;searchable&quot;:true,&quot;InputType&quot;:&quot;datetime&quot;,&quot;name&quot;:&quot;wdt_last_edited_at&quot;,&quot;origHeader&quot;:&quot;wdt_last_edited_at&quot;,&quot;notNull&quot;:false,&quot;conditionalFormattingRules&quot;:[],&quot;transformValueRules&quot;:&quot;&quot;,&quot;className&quot;:&quot; column-wdt_last_edited_at&quot;,&quot;aTargets&quot;:[4]},{&quot;sType&quot;:&quot;string&quot;,&quot;wdtType&quot;:&quot;string&quot;,&quot;bVisible&quot;:true,&quot;orderable&quot;:true,&quot;searchable&quot;:true,&quot;InputType&quot;:&quot;text&quot;,&quot;name&quot;:&quot;moodys&quot;,&quot;origHeader&quot;:&quot;moodys&quot;,&quot;notNull&quot;:false,&quot;conditionalFormattingRules&quot;:[],&quot;transformValueRules&quot;:&quot;&quot;,&quot;className&quot;:&quot; column-moodys&quot;,&quot;aTargets&quot;:[5]},{&quot;sType&quot;:&quot;string&quot;,&quot;wdtType&quot;:&quot;string&quot;,&quot;bVisible&quot;:true,&quot;orderable&quot;:false,&quot;searchable&quot;:true,&quot;InputType&quot;:&quot;text&quot;,&quot;name&quot;:&quot;nuovacolonna&quot;,&quot;origHeader&quot;:&quot;nuovacolonna&quot;,&quot;notNull&quot;:false,&quot;conditionalFormattingRules&quot;:[],&quot;transformValueRules&quot;:&quot;&quot;,&quot;className&quot;:&quot; column-nuovacolonna&quot;,&quot;aTargets&quot;:[6]}],&quot;bAutoWidth&quot;:false,&quot;order&quot;:[[0,&quot;asc&quot;]],&quot;ordering&quot;:false,&quot;fixedHeader&quot;:{&quot;header&quot;:false,&quot;headerOffset&quot;:0},&quot;fixedColumns&quot;:{&quot;left&quot;:1,&quot;right&quot;:0},&quot;oLanguage&quot;:{&quot;sEmptyTable&quot;:&quot;Nessun dato presente nella tabella&quot;,&quot;sInfo&quot;:&quot;Vista da _START_ a _END_ di _TOTAL_ elementi&quot;,&quot;sInfoEmpty&quot;:&quot;Vista da 0 a 0 di 0 elementi&quot;,&quot;sInfoFiltered&quot;:&quot;(filtrati da _MAX_ elementi totali)&quot;,&quot;sInfoPostFix&quot;:&quot;&quot;,&quot;sInfoThousands&quot;:&quot;,&quot;,&quot;sLengthMenu&quot;:&quot;Visualizza _MENU_ elementi&quot;,&quot;sLoadingRecords&quot;:&quot;Caricamento...&quot;,&quot;sProcessing&quot;:&quot;Elaborazione...&quot;,&quot;sSearch&quot;:&quot;Cerca:&quot;,&quot;sSearchPlaceholder&quot;:&quot;&quot;,&quot;sZeroRecords&quot;:&quot;La ricerca non ha portato alcun risultato.&quot;,&quot;oPaginate&quot;:{&quot;sFirst&quot;:&quot;Inizio&quot;,&quot;sPrevious&quot;:&quot;Precedente&quot;,&quot;sNext&quot;:&quot;Successivo&quot;,&quot;sLast&quot;:&quot;Fine&quot;},&quot;oAria&quot;:{&quot;sSortAscending&quot;:&quot;: attiva per ordinare la colonna in ordine crescente&quot;,&quot;sSortDescending&quot;:&quot;: attiva per ordinare la colonna in ordine decrescente&quot;}},&quot;buttons&quot;:[],&quot;bProcessing&quot;:false,&quot;serverSide&quot;:true,&quot;ajax&quot;:{&quot;url&quot;:&quot;https:\\\/\\\/www.fnmgroup.it\\\/wp-admin\\\/admin-ajax.php?action=get_wdtable\\u0026table_id=50&quot;,&quot;type&quot;:&quot;POST&quot;},&quot;oSearch&quot;:{&quot;bSmart&quot;:false,&quot;bRegex&quot;:false,&quot;sSearch&quot;:&quot;&quot;}},&quot;customRowDisplay&quot;:&quot;&quot;,&quot;tabletWidth&quot;:&quot;1024&quot;,&quot;mobileWidth&quot;:&quot;480&quot;,&quot;renderFilter&quot;:&quot;footer&quot;,&quot;advancedFilterEnabled&quot;:false,&quot;serverSide&quot;:true,&quot;autoRefreshInterval&quot;:0,&quot;processing&quot;:true,&quot;fnServerData&quot;:true,&quot;columnsFixed&quot;:0,&quot;sumFunctionsLabel&quot;:&quot;&quot;,&quot;avgFunctionsLabel&quot;:&quot;&quot;,&quot;minFunctionsLabel&quot;:&quot;&quot;,&quot;maxFunctionsLabel&quot;:&quot;admin&quot;,&quot;columnsDecimalPlaces&quot;:{&quot;wdt_ID&quot;:-1,&quot;wdt_created_by&quot;:-1,&quot;wdt_created_at&quot;:-1,&quot;wdt_last_edited_by&quot;:-1,&quot;wdt_last_edited_at&quot;:-1,&quot;moodys&quot;:-1,&quot;nuovacolonna&quot;:-1},&quot;columnsThousandsSeparator&quot;:{&quot;wdt_ID&quot;:0},&quot;sumColumns&quot;:[],&quot;avgColumns&quot;:[],&quot;sumAvgColumns&quot;:[],&quot;timeFormat&quot;:&quot;h:i A&quot;,&quot;datepickFormat&quot;:&quot;dd\\\/mm\\\/yy&quot;}'\/>\n\n    <table id=\"table_6\"\n           class=\" scroll  display nowrap wdt-no-display data-t data-t wpDataTable wpDataTableID-50 \"\n           style=\"display: none; \"\n           data-described-by='table_6_desc'\n           data-wpdatatable_id=\"50\">\n        \n        <!-- Table header -->\n        \n<thead>\n<tr>\n                    <th\n                        class=\" wdtheader sort numdata integer \"\n        style=\"\">        wdt_ID<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        wdt_created_by<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        wdt_created_at<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        wdt_last_edited_by<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        wdt_last_edited_at<\/th>        <th\n        data-class=\"expand\"                class=\" wdtheader sort \"\n        style=\"\">        Fitch<\/th>        <th\n                        class=\" wdtheader \"\n        style=\"\">        &nbsp;<\/th>    <\/tr>\n<\/thead>\n        <!-- \/Table header -->\n\n        <!-- Table body -->\n        \n<tbody>\n<!-- Table body -->\n<div data-id=\"50\"\n     class=\"wdt-timeline-item wdt-timeline-table_6\"\n     style=\"\">\n    <div class=\"wdt-table-loader\">\n        <div class=\"wdt-table-loader-row wdt-table-loader-header\">\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n        <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n            <\/div>\n<\/div><!-- \/Table body -->\n                    <tr id=\"table_50_row_0\"\n            data-row-index=\"0\">\n                            <td style=\"\">1<\/td>\n                            <td style=\"\">adiacent_martelli<\/td>\n                            <td style=\"\">10\/09\/2026 10:42 AM<\/td>\n                            <td style=\"\">adiacent_martelli<\/td>\n                            <td style=\"\">10\/09\/2026 11:21 AM<\/td>\n                            <td style=\"\">Long term<\/td>\n                            <td style=\"\">BBB+<\/td>\n                    <\/tr>\n                            <tr id=\"table_50_row_1\"\n            data-row-index=\"1\">\n                            <td style=\"\">2<\/td>\n                            <td style=\"\">adiacent_martelli<\/td>\n                            <td style=\"\">10\/09\/2026 10:42 AM<\/td>\n                            <td style=\"\">adiacent_martelli<\/td>\n                            <td style=\"\">10\/09\/2026 10:50 AM<\/td>\n                            <td style=\"\">Outlook<\/td>\n                            <td style=\"\">Stabile<\/td>\n                    <\/tr>\n                            <tr id=\"table_50_row_2\"\n            data-row-index=\"2\">\n                            <td style=\"\">3<\/td>\n                            <td style=\"\">adiacent_martelli<\/td>\n                            <td style=\"\">10\/09\/2026 10:42 AM<\/td>\n                            <td style=\"\">adiacent_martelli<\/td>\n                            <td style=\"\">10\/09\/2026 11:21 AM<\/td>\n                            <td style=\"\">Date of last revision<\/td>\n                            <td style=\"\">29 April 2026<\/td>\n                    <\/tr>\n            <\/tbody>        <!-- \/Table body -->\n\n        <!-- Table footer -->\n        \n        <!-- \/Table footer -->\n    <\/table>\n\n<\/div><style>\ntable.wpDataTable td.numdata { text-align: right !important; }\n<\/style>\n<style>\n<\/style>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1dac207 underline-link elementor-widget elementor-widget-heading\" data-id=\"1dac207\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<div class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/www.fitchratings.com\/entity\/fnm-spa-96793947#rating-actions\" target=\"_blank\">Link al sito Fitch internet site<\/a><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a8c0a55 e-con-full e-flex e-con e-parent\" data-id=\"a8c0a55\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-46733c0 elementor-widget elementor-widget-jet-engine-component-46694\" data-id=\"46733c0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"jet-engine-component-46694.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<style>.elementor-55039 .elementor-element.elementor-element-e6afb9a{--display:flex;--flex-direction:column;--container-widget-width:100%;--container-widget-height:initial;--container-widget-flex-grow:0;--container-widget-align-self:initial;--flex-wrap-mobile:wrap;--margin-top:0px;--margin-bottom:0px;--margin-left:0px;--margin-right:0px;--padding-top:0px;--padding-bottom:0px;--padding-left:0px;--padding-right:0px;}.elementor-55039 .elementor-element.elementor-element-72c0dd0{--display:flex;--min-height:clamp(25rem, 22.783rem + 8.824vi, 32.313rem);--flex-direction:row;--container-widget-width:calc( ( 1 - var( --container-widget-flex-grow ) ) * 100% );--container-widget-height:100%;--container-widget-flex-grow:1;--container-widget-align-self:stretch;--flex-wrap-mobile:wrap;--justify-content:space-between;--align-items:center;--gap:var(--fluid-xxl2-l) var(--fluid-xxl2-l);--row-gap:var(--fluid-xxl2-l);--column-gap:var(--fluid-xxl2-l);--overlay-opacity:1;--border-radius:var(--border-radius-M) var(--border-radius-M) var(--border-radius-M) var(--border-radius-M);--z-index:0;}.elementor-55039 .elementor-element.elementor-element-72c0dd0:not(.elementor-motion-effects-element-type-background), .elementor-55039 .elementor-element.elementor-element-72c0dd0 > .elementor-motion-effects-container > .elementor-motion-effects-layer{background-color:var( --e-global-color-secondary );}.elementor-55039 .elementor-element.elementor-element-72c0dd0::before, .elementor-55039 .elementor-element.elementor-element-72c0dd0 > .elementor-background-video-container::before, .elementor-55039 .elementor-element.elementor-element-72c0dd0 > .e-con-inner > .elementor-background-video-container::before, .elementor-55039 .elementor-element.elementor-element-72c0dd0 > .elementor-background-slideshow::before, .elementor-55039 .elementor-element.elementor-element-72c0dd0 > .e-con-inner > .elementor-background-slideshow::before, .elementor-55039 .elementor-element.elementor-element-72c0dd0 > .elementor-motion-effects-container > .elementor-motion-effects-layer::before{background-image:url(\"https:\/\/www.fnmgroup.it\/wp-content\/uploads\/2026\/09\/Banner-pattern-green.svg\");--background-overlay:'';background-position:bottom right;background-repeat:no-repeat;background-size:contain;}.elementor-55039 .elementor-element.elementor-element-3c43ae3{--display:flex;--position:absolute;--padding-top:0px;--padding-bottom:0px;--padding-left:0px;--padding-right:0px;top:0px;--z-index:0;}body:not(.rtl) .elementor-55039 .elementor-element.elementor-element-3c43ae3{right:0px;}body.rtl .elementor-55039 .elementor-element.elementor-element-3c43ae3{left:0px;}.elementor-widget-image .widget-image-caption{color:var( --e-global-color-text );font-family:var( --e-global-typography-text-font-family ), Sans-serif;font-size:var( --e-global-typography-text-font-size );font-weight:var( --e-global-typography-text-font-weight );line-height:var( --e-global-typography-text-line-height );letter-spacing:var( --e-global-typography-text-letter-spacing );}.elementor-55039 .elementor-element.elementor-element-8e0915d{text-align:start;}.elementor-55039 .elementor-element.elementor-element-8e0915d img{width:clamp(11.938rem, 7.674rem + 16.968vi, 26rem);}.elementor-55039 .elementor-element.elementor-element-3e82e02{--display:flex;--gap:var(--spacing-S) var(--spacing-S);--row-gap:var(--spacing-S);--column-gap:var(--spacing-S);--padding-top:0px;--padding-bottom:0px;--padding-left:0px;--padding-right:0px;--z-index:1;}.elementor-widget-heading .elementor-heading-title{font-family:var( --e-global-typography-primary-font-family ), Sans-serif;font-size:var( --e-global-typography-primary-font-size );font-weight:var( --e-global-typography-primary-font-weight );line-height:var( --e-global-typography-primary-line-height );letter-spacing:var( --e-global-typography-primary-letter-spacing );color:var( --e-global-color-primary );}.elementor-55039 .elementor-element.elementor-element-c84ccee .elementor-heading-title{font-family:var( --e-global-typography-919b932-font-family ), Sans-serif;font-size:var( --e-global-typography-919b932-font-size );font-weight:var( --e-global-typography-919b932-font-weight );text-transform:var( --e-global-typography-919b932-text-transform );line-height:var( --e-global-typography-919b932-line-height );letter-spacing:var( --e-global-typography-919b932-letter-spacing );color:var( --e-global-color-accent );}.elementor-55039 .elementor-element.elementor-element-521dc6a .elementor-heading-title{font-family:var( --e-global-typography-secondary-font-family ), Sans-serif;font-size:var( --e-global-typography-secondary-font-size );font-weight:var( --e-global-typography-secondary-font-weight );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );color:var( --e-global-color-acb65ef );}.elementor-55039 .elementor-element.elementor-element-6a7c116{--display:flex;--gap:var(--spacing-L) var(--spacing-L);--row-gap:var(--spacing-L);--column-gap:var(--spacing-L);--padding-top:0px;--padding-bottom:0px;--padding-left:0px;--padding-right:0px;--z-index:1;}.elementor-widget-text-editor{font-family:var( --e-global-typography-text-font-family ), Sans-serif;font-size:var( --e-global-typography-text-font-size );font-weight:var( --e-global-typography-text-font-weight );line-height:var( --e-global-typography-text-line-height );letter-spacing:var( --e-global-typography-text-letter-spacing );color:var( --e-global-color-text );}.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:var( --e-global-color-primary );}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap, .elementor-widget-text-editor.elementor-drop-cap-view-default .elementor-drop-cap{color:var( --e-global-color-primary );border-color:var( --e-global-color-primary );}.elementor-55039 .elementor-element.elementor-element-9f95771{color:var( --e-global-color-acb65ef );}.elementor-55039 .elementor-element.elementor-element-9a641c9 .elementor-heading-title{font-family:var( --e-global-typography-accent-font-family ), Sans-serif;font-size:var( --e-global-typography-accent-font-size );font-weight:var( --e-global-typography-accent-font-weight );line-height:var( --e-global-typography-accent-line-height );letter-spacing:var( --e-global-typography-accent-letter-spacing );color:var( --e-global-color-acb65ef );}@media(max-width:1399px){.elementor-widget-image .widget-image-caption{font-size:var( --e-global-typography-text-font-size );line-height:var( --e-global-typography-text-line-height );letter-spacing:var( --e-global-typography-text-letter-spacing );}.elementor-widget-heading .elementor-heading-title{font-size:var( --e-global-typography-primary-font-size );line-height:var( --e-global-typography-primary-line-height );letter-spacing:var( --e-global-typography-primary-letter-spacing );}.elementor-55039 .elementor-element.elementor-element-c84ccee .elementor-heading-title{font-size:var( --e-global-typography-919b932-font-size );line-height:var( --e-global-typography-919b932-line-height );letter-spacing:var( --e-global-typography-919b932-letter-spacing );}.elementor-55039 .elementor-element.elementor-element-521dc6a .elementor-heading-title{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-text-editor{font-size:var( --e-global-typography-text-font-size );line-height:var( --e-global-typography-text-line-height );letter-spacing:var( --e-global-typography-text-letter-spacing );}.elementor-55039 .elementor-element.elementor-element-9a641c9 .elementor-heading-title{font-size:var( --e-global-typography-accent-font-size );line-height:var( --e-global-typography-accent-line-height );letter-spacing:var( --e-global-typography-accent-letter-spacing );}}@media(max-width:1024px){.elementor-widget-image .widget-image-caption{font-size:var( --e-global-typography-text-font-size );line-height:var( --e-global-typography-text-line-height );letter-spacing:var( --e-global-typography-text-letter-spacing );}.elementor-widget-heading .elementor-heading-title{font-size:var( --e-global-typography-primary-font-size );line-height:var( --e-global-typography-primary-line-height );letter-spacing:var( --e-global-typography-primary-letter-spacing );}.elementor-55039 .elementor-element.elementor-element-c84ccee .elementor-heading-title{font-size:var( --e-global-typography-919b932-font-size );line-height:var( --e-global-typography-919b932-line-height );letter-spacing:var( --e-global-typography-919b932-letter-spacing );}.elementor-55039 .elementor-element.elementor-element-521dc6a .elementor-heading-title{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-text-editor{font-size:var( --e-global-typography-text-font-size );line-height:var( --e-global-typography-text-line-height );letter-spacing:var( --e-global-typography-text-letter-spacing );}.elementor-55039 .elementor-element.elementor-element-9a641c9 .elementor-heading-title{font-size:var( --e-global-typography-accent-font-size );line-height:var( --e-global-typography-accent-line-height );letter-spacing:var( --e-global-typography-accent-letter-spacing );}}@media(max-width:767px){.elementor-55039 .elementor-element.elementor-element-72c0dd0::before, .elementor-55039 .elementor-element.elementor-element-72c0dd0 > .elementor-background-video-container::before, .elementor-55039 .elementor-element.elementor-element-72c0dd0 > .e-con-inner > .elementor-background-video-container::before, .elementor-55039 .elementor-element.elementor-element-72c0dd0 > .elementor-background-slideshow::before, .elementor-55039 .elementor-element.elementor-element-72c0dd0 > .e-con-inner > .elementor-background-slideshow::before, .elementor-55039 .elementor-element.elementor-element-72c0dd0 > .elementor-motion-effects-container > .elementor-motion-effects-layer::before{background-position:-15rem 6.1rem;background-size:cover;}body:not(.rtl) .elementor-55039 .elementor-element.elementor-element-3c43ae3{right:-32px;}body.rtl .elementor-55039 .elementor-element.elementor-element-3c43ae3{left:-32px;}.elementor-55039 .elementor-element.elementor-element-3c43ae3{top:24px;}.elementor-widget-image .widget-image-caption{font-size:var( --e-global-typography-text-font-size );line-height:var( --e-global-typography-text-line-height );letter-spacing:var( --e-global-typography-text-letter-spacing );}.elementor-55039 .elementor-element.elementor-element-8e0915d{text-align:end;}.elementor-widget-heading .elementor-heading-title{font-size:var( --e-global-typography-primary-font-size );line-height:var( --e-global-typography-primary-line-height );letter-spacing:var( --e-global-typography-primary-letter-spacing );}.elementor-55039 .elementor-element.elementor-element-c84ccee .elementor-heading-title{font-size:var( --e-global-typography-919b932-font-size );line-height:var( --e-global-typography-919b932-line-height );letter-spacing:var( --e-global-typography-919b932-letter-spacing );}.elementor-55039 .elementor-element.elementor-element-521dc6a .elementor-heading-title{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-text-editor{font-size:var( --e-global-typography-text-font-size );line-height:var( --e-global-typography-text-line-height );letter-spacing:var( --e-global-typography-text-letter-spacing );}.elementor-55039 .elementor-element.elementor-element-9a641c9 .elementor-heading-title{font-size:var( --e-global-typography-accent-font-size );line-height:var( --e-global-typography-accent-line-height );letter-spacing:var( --e-global-typography-accent-letter-spacing );}}\/* Start custom CSS for container, class: .elementor-element-72c0dd0 *\/.elementor-55039 .elementor-element.elementor-element-72c0dd0 {\n    overflow: hidden;\n}\n.no-banner-overlay .elementor-55039 .elementor-element.elementor-element-72c0dd0:before {\n    background-image: none;\n}\/* End custom CSS *\/<\/style>\t\t<div data-elementor-type=\"jet-engine-component\" data-elementor-id=\"55039\" class=\"elementor elementor-55039 jet-listing-grid--55039 jet-component-instance-8201\" data-elementor-settings=\"{&quot;ha_cmc_init_switcher&quot;:&quot;no&quot;}\" data-elementor-post-type=\"jet-engine\" style=\"\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e6afb9a e-flex e-con-boxed e-con e-parent\" data-id=\"e6afb9a\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-72c0dd0 e-con-full e-flex e-con e-child\" data-id=\"72c0dd0\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;_ha_eqh_enable&quot;:false}\">\n\t\t<div class=\"elementor-element elementor-element-3c43ae3 e-con-full e-flex e-con e-child\" data-id=\"3c43ae3\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;position&quot;:&quot;absolute&quot;,&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8e0915d elementor-widget elementor-widget-image\" data-id=\"8e0915d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"416\" height=\"416\" src=\"https:\/\/www.fnmgroup.it\/wp-content\/uploads\/2026\/09\/Banner-icon-databases.svg\" class=\"attachment-full size-full wp-image-46952\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3e82e02 e-con-full e-flex e-con e-child\" data-id=\"3e82e02\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c84ccee elementor-widget elementor-widget-heading\" data-id=\"c84ccee\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Contacts<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-521dc6a elementor-widget elementor-widget-heading\" data-id=\"521dc6a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Talk to the Investor Relations team<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6a7c116 e-con-full e-flex e-con e-child\" data-id=\"6a7c116\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9f95771 elementor-widget elementor-widget-text-editor\" data-id=\"9f95771\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>For inquiries from investors, analysts and stakeholders, the Investor Relations team is available to provide information and support on the FNM Group\u2019s financial matters.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9a641c9 underline-link elementor-widget elementor-widget-heading\" data-id=\"9a641c9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<div class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/www.fnmgroup.it\/en\/contacts\/\">Go to Contacts<\/a><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1d2b654 e-flex e-con-boxed e-con e-parent\" data-id=\"1d2b654\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b0b5007 elementor-widget elementor-widget-jet-engine-component-46113\" data-id=\"b0b5007\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"jet-engine-component-46113.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<style>.elementor-52265 .elementor-element.elementor-element-0bf3030{--display:flex;--min-height:685px;--flex-direction:column;--container-widget-width:100%;--container-widget-height:initial;--container-widget-flex-grow:0;--container-widget-align-self:initial;--flex-wrap-mobile:wrap;--justify-content:flex-start;--gap:0px 0px;--row-gap:0px;--column-gap:0px;border-style:solid;--border-style:solid;border-width:0px 0px 0px 0px;--border-top-width:0px;--border-right-width:0px;--border-bottom-width:0px;--border-left-width:0px;--border-radius:10px 10px 10px 10px;}.elementor-52265 .elementor-element.elementor-element-0bf3030:not(.elementor-motion-effects-element-type-background), .elementor-52265 .elementor-element.elementor-element-0bf3030 > .elementor-motion-effects-container > .elementor-motion-effects-layer{background-color:var( --e-global-color-primary );background-image:url(\"https:\/\/www.fnmgroup.it\/wp-content\/uploads\/2026\/08\/borsa_banner.svg\");background-position:center right;background-repeat:no-repeat;background-size:contain;}.elementor-widget-heading .elementor-heading-title{font-family:var( --e-global-typography-primary-font-family ), Sans-serif;font-size:var( --e-global-typography-primary-font-size );font-weight:var( --e-global-typography-primary-font-weight );line-height:var( --e-global-typography-primary-line-height );letter-spacing:var( --e-global-typography-primary-letter-spacing 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.elementor-element.elementor-element-0bf3030:not(.elementor-motion-effects-element-type-background), .elementor-52265 .elementor-element.elementor-element-0bf3030 > .elementor-motion-effects-container > .elementor-motion-effects-layer{background-image:url(\"https:\/\/www.fnmgroup.it\/wp-content\/uploads\/2026\/08\/mobile-banner-borsa.svg\");}.elementor-52265 .elementor-element.elementor-element-0bf3030{--min-height:410px;}.elementor-widget-heading .elementor-heading-title{font-size:var( --e-global-typography-primary-font-size );line-height:var( --e-global-typography-primary-line-height );letter-spacing:var( --e-global-typography-primary-letter-spacing );}.elementor-52265 .elementor-element.elementor-element-501dcaf .elementor-heading-title{font-size:var( --e-global-typography-919b932-font-size );line-height:var( --e-global-typography-919b932-line-height );letter-spacing:var( --e-global-typography-919b932-letter-spacing );}.elementor-52265 .elementor-element.elementor-element-864eb29 .elementor-heading-title{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-52265 .elementor-element.elementor-element-f95d81a > .elementor-widget-container{padding:var(--spacing-L) 0 0 0;}.elementor-52265 .elementor-element.elementor-element-f95d81a .qbm-price{font-size:var( --e-global-typography-1c378e4-font-size );line-height:var( --e-global-typography-1c378e4-line-height );letter-spacing:var( --e-global-typography-1c378e4-letter-spacing );}.elementor-52265 .elementor-element.elementor-element-f95d81a .qbm-badge{font-size:var( --e-global-typography-text-font-size );line-height:var( --e-global-typography-text-line-height );letter-spacing:var( --e-global-typography-text-letter-spacing );}.elementor-52265 .elementor-element.elementor-element-f95d81a .qbm-delta{font-size:var( --e-global-typography-text-font-size );line-height:var( --e-global-typography-text-line-height );letter-spacing:var( --e-global-typography-text-letter-spacing );}.elementor-widget-text-editor{font-size:var( --e-global-typography-text-font-size );line-height:var( --e-global-typography-text-line-height );letter-spacing:var( --e-global-typography-text-letter-spacing );}.elementor-52265 .elementor-element.elementor-element-2aadae5{padding:var(--spacing-M) 0 0 0;}.elementor-52265 .elementor-element.elementor-element-35ebd9b > .elementor-widget-container{padding:var(--spacing-XXL) 0 0 0;}}<\/style>\t\t<div data-elementor-type=\"jet-engine-component\" data-elementor-id=\"52265\" class=\"elementor elementor-52265 jet-listing-grid--52265 jet-component-instance-8915\" data-elementor-settings=\"{&quot;ha_cmc_init_switcher&quot;:&quot;no&quot;}\" data-elementor-post-type=\"jet-engine\" style=\"\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0bf3030 e-flex e-con-boxed e-con e-parent\" data-id=\"0bf3030\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-501dcaf elementor-widget elementor-widget-heading\" data-id=\"501dcaf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">INVESTOR<\/span>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-864eb29 elementor-widget elementor-widget-heading\" data-id=\"864eb29\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">FNM on the stock market<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f95d81a elementor-widget elementor-widget-quotazione_borsa_mini\" data-id=\"f95d81a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"quotazione_borsa_mini.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"qbm-widget\" data-symbol=\"FNM.MI\">\n\n\t\t\t<div class=\"qbm-row\">\n\t\t\t\t<span class=\"qbm-price\">\n\t\t\t\t\t0.44<span class=\"qbm-currency\">EUR<\/span>\n\t\t\t\t<\/span>\n\n\t\t\t\t<span class=\"qbm-badge qbm-up\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"qbm-arrow\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" fill=\"none\" aria-hidden=\"true\">\n  <path d=\"M11.8976 19.8976L11.8976 4.5001M8.89752 7.0759L11.9242 4.0492L14.9509 7.0759\" stroke=\"currentColor\" stroke-width=\"1.5\" stroke-linecap=\"square\"\/>\n<\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t+0.46%\t\t\t\t<\/span>\n\n\t\t\t\t<span class=\"qbm-delta qbm-up\">\n\t\t\t\t\t+0.0020 today\t\t\t\t<\/span>\n\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t<div class=\"qbm-last-update\">\n\t\t\t\tLast exchange:\t\t\t\t10\/11\/2026 10:57\t\t\t\t\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2aadae5 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"2aadae5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Listed on Euronext Milan since 1926. Explore financial results, corporate announcements and investor documentation.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-35ebd9b elementor-widget elementor-widget-jet-engine-component-45985\" data-id=\"35ebd9b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"jet-engine-component-45985.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<style>.elementor-45985 .elementor-element.elementor-element-2fe44c4{--display:flex;--gap:0px 0px;--row-gap:0px;--column-gap:0px;--margin-top:0px;--margin-bottom:0px;--margin-left:0px;--margin-right:0px;--padding-top:0px;--padding-bottom:0px;--padding-left:0px;--padding-right:0px;}.elementor-widget-heading .elementor-heading-title{font-family:var( --e-global-typography-primary-font-family ), Sans-serif;font-size:var( --e-global-typography-primary-font-size );font-weight:var( --e-global-typography-primary-font-weight );line-height:var( 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--e-global-typography-accent-line-height );letter-spacing:var( --e-global-typography-accent-letter-spacing );}}@media(max-width:1024px){.elementor-widget-heading .elementor-heading-title{font-size:var( --e-global-typography-primary-font-size );line-height:var( --e-global-typography-primary-line-height );letter-spacing:var( --e-global-typography-primary-letter-spacing );}.elementor-45985 .elementor-element.elementor-element-0aeda3b .elementor-heading-title{font-size:var( --e-global-typography-accent-font-size );line-height:var( --e-global-typography-accent-line-height );letter-spacing:var( --e-global-typography-accent-letter-spacing );}}@media(max-width:767px){.elementor-widget-heading .elementor-heading-title{font-size:var( --e-global-typography-primary-font-size );line-height:var( --e-global-typography-primary-line-height );letter-spacing:var( --e-global-typography-primary-letter-spacing );}.elementor-45985 .elementor-element.elementor-element-0aeda3b .elementor-heading-title{font-size:var( --e-global-typography-accent-font-size );line-height:var( --e-global-typography-accent-line-height );letter-spacing:var( --e-global-typography-accent-letter-spacing );}}\/* Start custom CSS for container, class: .elementor-element-2fe44c4 *\/.link-comunicati {\r\n    display: inline-block;\r\n}\r\n\r\n.link-comunicati a {\r\n    position: relative;\r\n    display: inline-block;\r\n    font-weight: 600;\r\n    text-decoration: none;\r\n    padding-bottom: 4px;\r\n    transition: color .3s ease;\r\n}\r\n\r\n.link-comunicati a::after {\r\n    content: \"\";\r\n    position: absolute;\r\n    left: 0;\r\n    bottom: 0;\r\n    width: 100%;\r\n    height: 1px;\r\n    background: currentColor;\r\n    transform: scaleX(1);\r\n    transform-origin: left;\r\n    transition: transform .35s ease;\r\n}\r\n\r\n.link-comunicati a:hover::after{\r\n    transform: scaleX(0);\r\n    transform-origin: right;\r\n}\r\n\r\n.link-comunicati a:hover  {\r\n    opacity:0.7;\r\n}\/* End custom CSS *\/<\/style><style type=\"text\/css\">.jet-component-instance-8487.jet-listing-grid--45985 .elementor-element.elementor-element-0aeda3b .elementor-heading-title{color:var(--jet-component-color_link);}<\/style>\t\t<div data-elementor-type=\"jet-engine-component\" data-elementor-id=\"45985\" class=\"elementor elementor-45985 jet-listing-grid--45985 jet-component-instance-8487\" data-elementor-settings=\"{&quot;ha_cmc_init_switcher&quot;:&quot;no&quot;}\" data-elementor-post-type=\"jet-engine\" style=\"--jet-component-color_link:var( --e-global-color-acb65ef );\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2fe44c4 e-con-full e-flex e-con e-parent\" data-id=\"2fe44c4\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0aeda3b link-comunicati elementor-widget elementor-widget-heading\" data-id=\"0aeda3b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/www.fnmgroup.it\/titolo-borsa\/\">View the stock<\/a><\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Debt structure Key Indicators Outstanding bond issues EMTN program Credit rating Debt structure Below is the composition of the net financial indebtedness, determined in accordance with ESMA guidelines as referred to in CONSOB communication no. 5\/21 of April 29, 2021. To better represent the Group\u2019s net financial position (NFP), an adjusted NFP has been calculated [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-52097","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Debt and credit rating - FNM Group<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fnmgroup.it\/en\/debt-and-credit-rating\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Debt and credit rating - FNM Group\" \/>\n<meta property=\"og:description\" content=\"Debt structure Key Indicators Outstanding bond issues EMTN program Credit rating Debt structure Below is the composition of the net financial indebtedness, determined in accordance with ESMA guidelines as referred to in CONSOB communication no. 5\/21 of April 29, 2021. 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