Review by Fitch of ratings

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

 

END

 

 

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