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Telefonica S.A. — Capital/Financing Update 2016
Nov 8, 2016
1889_rns_2016-11-08_0ee42508-79f7-4a0b-9dfe-ac7b8a765025.html
Capital/Financing Update
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RNS Number : 5497O
Telefonica SA
07 November 2016
RAMIRO SÁNCHEZ DE LERÍN GARCÍA-OVIES
General Secretary and
Secretary to the Board of Directors
TELEFÓNICA, S.A.
TELEFÓNICA, S.A. as provided in article 228 of the Spanish Securities Act (Ley del Mercado de Valores), hereby reports the following
SIGNIFICANT EVENT
Today, Monday November 7, 2016 the credit rating agency Moody´s Investors Service (Moody's) has published its decision to lower the long-term credit rating of Telefónica, S.A. from Baa2 to Baa3. At the same time, Moody´s has lowered the short-term ratings to Prime-3 from Prime-2. The outlook on the ratings is stable.
Madrid, November 7, 2016.
This information is provided by RNS
The company news service from the London Stock Exchange
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