Review by S&P's Ratings Services of ratings

RNS Number : 9109I

Banco Santander S.A.

05 June 2014

 

MATERIAL FACT

Banco Santander, S.A. (the "Bank") hereby announces that following the recent upgrade of the Spanish sovereign debt rating by Standard & Poor's Ratings Services, the agency published on June 4, 2014 their revised ratings for the Bank, as detailed below:

§ Long-term rating:             BBB+ from BBB (stable outlook)

§ Subordinated debt:           BBB from BBB-

§ Preferred stock:               BB+ from BB

Short term rating of A-2 is affirmed.

Boadilla del Monte (Madrid), June 5, 2014

 

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