REG - Banco Santander S.A. - Rating granted by S&P Global Ratings

Banco Santander SAAnnouncement

17/12/2021 07:00

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RNS Number : 9626V  Banco Santander S.A.  16 December 2021

 

 

 

Banco Santander, S.A. ("Banco Santander"), in compliance with the Securities
Market legislation, hereby announces:

 

OTHER RELEVANT INFORMATION

 

Banco Santander hereby announces that today, following a revision to its
methodologies for rating banks and non-bank financial institutions, S&P
Global Ratings has taken the following rating actions on Banco Santander:

 

•       It has raised:

§ the long-term Issuer Credit Rating to 'A+' from 'A',

§ the long-term issue rating on all outstanding senior unsecured instruments
to 'A+' from 'A', and

§ the long- and short-term Resolution Counterparty Rating to 'AA-/A-1+' from
'A+/A-1'; and

 

•       It has modified the outlook from 'stable' to 'negative'.

 

 

 

Boadilla del Monte (Madrid), 16 December 2021

 

No offer

The information contained in this document is subject to, and must be read in
conjunction with, all other publicly available information, including, where
relevant any fuller disclosure document published by Santander. Any person at
any time acquiring securities must do so only on the basis of such person's
own judgment as to the merits or the suitability of the securities for its
purpose and only on such information as is contained in such public
information having taken all such professional or other advice as it considers
necessary or appropriate in the circumstances and not in reliance on the
information contained in this document. No investment activity should be
undertaken on the basis of the information contained in this document. In
making this document available Santander gives no advice and makes no
recommendation to buy, sell or otherwise deal in shares in Santander or in any
other securities or investments whatsoever.

Neither this document nor any of the information contained therein constitutes
an offer to sell or the solicitation of an offer to buy any securities. No
offering of securities shall be made in the United States except pursuant to
registration under the U.S. Securities Act of 1933, as amended, or an
exemption therefrom. Nothing contained in this document is intended to
constitute an invitation or inducement to engage in investment activity for
the purposes of the prohibition on financial promotion in the U.K. Financial
Services and Markets Act 2000.

 

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