Espirito Santo Fin Confirmation of rating by DBRS
06 Dicembre 2012 - 8:00AM
UK Regulatory
TIDMEOS
Société Anonyme
Registered Office: 21/25 Allée Scheffer, L- 2520 Luxembourg
R.C.S. Luxembourg B 22.232
Espírito Santo Financial Group S.A. informs on DBRS rating
confirmation
Luxembourg/Portugal - 5 December 2012 - Espírito Santo Financial
Group S.A. (ESFG) (NYSE Euronext Lisbon: ESF; Bloomberg: ESF PL;
Reuters ESF LS) announces that DBRS, Inc. has confirmed ESFG's
rating at BBBL, Neg.
DBRS, Inc. (DBRS) has today confirmed ESFG's Senior Long-Term
Debt at BBB (low) and Short-Term Instruments at R-2 (middle), both
of which are investment grade. The trend on all ratings is
negative. These ratings have been removed from 'Under Review with
Negative Implications', where they were placed on 24 May 2012. This
rating action follows DBRS's confirmation of the BBB (low) rating
of the Republic of Portugal with a Negative trend.
Contacts:
Filipe Worsdell
Espírito Santo Financial Group S.A.
+44 203 429 2100
fworsdell@esfg.com
Faisal Kanth
Taylor Rafferty
+44 207 614 2900
faisal.kanth@taylor-rafferty.com.com
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The Espírito Santo Financial Group provides, through its
subsidiaries, a global and diversified range offinancial services
to its clients including Commercial banking, Insurance, Investment
banking, Stockbrokerage and Asset management in Portugal and
internationally. For additional information on EspíritoSanto
Financial Group, its subsidiaries, operations and results, please
visit the Company's website onwww.esfg.com
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