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ARC Assigns BBB- Rating to Portugal
01-05-2015

London, May 1, 2015, ARC Ratings S.A. (ARC), a global rating agency, has assigned a long-term foreign currency issuer rating to the Republic of Portugal (Portugal) of “BBB-”. The agency also assigned a long-term local currency issuer rating of “BBB-” to Portugal. The outlook on both ratings is stable. In addition, the agency assigned foreign currency and local currency country ceilings of “A” to Portugal, and short-term sovereign ratings of "A-3".  All ratings assigned are unsolicited.

 

 

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