5th Jun 2014 08:04
RNS Number : 9109I
Banco Santander S.A.
05 June 2014
MATERIAL FACT
Banco Santander, S.A. (the "Bank") hereby announces that following the recent upgrade of the Spanish sovereign debt rating by Standard & Poor's Ratings Services, the agency published on June 4, 2014 their revised ratings for the Bank, as detailed below:
§ Long-term rating: BBB+ from BBB (stable outlook)
§ Subordinated debt: BBB from BBB-
§ Preferred stock: BB+ from BB
Short term rating of A-2 is affirmed.
Boadilla del Monte (Madrid), June 5, 2014
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