Capital/Financing Update • Feb 23, 2017
Capital/Financing Update
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ANNOUNCEMENT Reuters>bcp.Is Exchange>BCP Bloomberg>bcp pl ISIN PTBCP0AM0015
S&P Global Ratings raised to "BB-" from "B+" the long-term ratings on Millennium bcp's senior unsecured debt, following the upgrade of the intrinsic rating (Stand Alone Credit Profile – SACP) to "bb-" from "b+", after Millennium bcp's completion of its share capital increase.
S&P also raised the counterparty credit rating on Millennium bcp to "BB-" from "B+" and its subordinated debt rating to "B-" from "CCC".
The rationale behind these upgrades reflects S&P's expectation that Millennium bcp will continue to deliver progress on its strategic plan, emphasizing the return to profitability.
End of announcement Banco Comercial Português, S.A.
BANCO COMERCIAL PORTUGUÊS, S.A., a public company (sociedade aberta) having its registered office at Praça D. João I, 28, Oporto, registered at the Commercial Registry of Oporto, with the single commercial and tax identification number 501 525 882
and the share capital of EUR 5,600,738,053.72
INVESTOR RELATIONS Rui Coimbra Phone +351 211 131 084 [email protected] [email protected] [email protected]
MEDIA CONTACT Erik T. Burns Phone +351 211 131 242 Mobile +351 917 265 020 [email protected] [email protected]
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