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Review by S&P's Ratings Services of ratings

7th Oct 2015 07:00

RNS Number : 4557B
Banco Santander S.A.
06 October 2015
 



 

 

 

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 October 6, 2015 their revised ratings for the Bank, as detailed below:

 

 

§ Long term debt: A- from BBB+ (stable outlook).

 

Short term rating of A-2 is affirmed (stable outlook).

 

§ Senior subordinated debt: BBB from BBB-

 

§ Junior subordinated debt: BB+ from BB

 

§ Preferred stock: BB+ from BB

 

 

 

Boadilla del Monte (Madrid), October 6, 2015

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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