12th Jun 2012 07:38
RNS Number : 1632F
Banco Santander S.A.
12 June 2012
MATERIAL FACT
Banco Santander, S.A. (the "Bank") hereby announces that following the recent downgrade of the Spanish sovereign debt rating by Fitch Ratings, the agency published on June 11, 2012 their revised ratings for the Bank, as detailed below:
§ Long-term debt & deposits BBB+ from A (negative outlook)
§ Subordinated debt BBB from A-
§ Preferred Shares BB- from BB+
§ Short-term debt & deposits F2 from F1
Boadilla del Monte (Madrid), June11,2012
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Banco Santander