Capital/Financing Update • Mar 4, 2016
Capital/Financing Update
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Banco Popular Portugal, S.A. informs that in a press release dated 3 March 2016 DBRS placed "under review with negative implications" the rating of its Covered Bonds noticing that the ratings may be downgraded to BBB from BBB (high) currently.
This action follows the publication of the Critical Obligations Rating Criteria on 2 February 2016 and of a request for comments on the Ratings European Covered Bonds Methodology on 4 February 2016.
Lisbon, 4 th March 2016
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