Catalonia, Autonomous Community of: Rating Report

DBRS Ratings GmbH (DBRS Morningstar) confirmed the Autonomous Community of Catalonia (Catalonia)’s Long-Term Foreign and Local Currency – Issuer Ratings at BBB (low). At the same time, DBRS Morningstar confirmed the Catalonia’s Short-Term Foreign and Local Currency – Issuer Ratings at R-2 (low). The trend on all ratings is Stable.