Ratings On Kingdom of Spain Converted To Unsolicited Ratings - S&P Global Ratings’ Credit Research

Ratings On Kingdom of Spain Converted To Unsolicited Ratings

Ratings On Kingdom of Spain Converted To Unsolicited Ratings - S&P Global Ratings’ Credit Research
Ratings On Kingdom of Spain Converted To Unsolicited Ratings
Published Jan 22, 2018
4 pages (1393 words) — Published Jan 22, 2018
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

OVERVIEW S&P Global Ratings is converting its issuer credit ratings on the Kingdom of Spain (Spain) and its issue ratings on Spain's sovereign debt to "unsolicited." On Feb. 22, 2018, we intend to withdraw all of our issue ratings on Spain's debt. S&P Global Ratings will maintain its ratings on Spain on an unsolicited basis. MADRID (S&P Global Ratings) Jan. 22, 2018--S&P Global Ratings said today that it has converted its issuer credit and issue ratings on the Kingdom of Spain (foreign currency BBB+/Positive/A-2; local currency BBB+/Positive/A-2) to "unsolicited." As a "sovereign rating" (as defined in EU CRA Regulation 1060/2009 [EU CRA Regulation]), the rating on Spain is subject to certain publication restrictions set out in Art 8a of the

  
Brief Excerpt:

...OVERVIEW + S&P Global Ratings is converting its issuer credit ratings on the Kingdom of Spain (Spain) and its issue ratings on Spain's sovereign debt to "unsolicited." + On Feb. 22, 2018, we intend to withdraw all of our issue ratings on Spain's debt. + S&P Global Ratings will maintain its ratings on Spain on an unsolicited basis. MADRID (S&P Global Ratings) Jan. 22, 2018--S&P Global Ratings said today that it has converted its issuer credit and issue ratings on the Kingdom of Spain (foreign currency ###+/Positive/A-2; local currency ###+/Positive/A-2) to "unsolicited." As a "sovereign rating" (as defined in EU CRA Regulation 1060/2009 [EU CRA Regulation]), the rating on Spain is subject to certain publication restrictions set out in Art 8a of the EU CRA Regulation, including publication in accordance with a pre-established calendar (see "Calendar Of 2018 EMEA Sovereign, Regional, And Local Government Rating Publication Dates," published Dec. 15, 2017, on RatingsDirect). Under the EU CRA...

  
Report Type:

Ratings Action

Ticker
1841Z@SM
Issuer
Sector
Global Issuers, Structured Finance
Country
Region
Latin America
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Ratings On Kingdom of Spain Converted To Unsolicited Ratings" Jan 22, 2018. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ratings-On-Kingdom-of-Spain-Converted-To-Unsolicited-Ratings-1983748>
  
APA:
S&P Global Ratings’ Credit Research. (). Ratings On Kingdom of Spain Converted To Unsolicited Ratings Jan 22, 2018. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ratings-On-Kingdom-of-Spain-Converted-To-Unsolicited-Ratings-1983748>
  
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