Rating List

	Type of Rating	Trend	Action	Action Date
REINO DE ESPAÑA Tipo Rating: Sovereign & Sub-Sovereign	Sovereign & Sub-Sovereign	Stable	Downgrade	09/25/2020
EL CORTE INGLES SA Tipo Rating: Bond	Bond	No Trend	Affirmed	09/24/2020
EL CORTE INGLES SA Tipo Rating: Corporate	Corporate	Negative	Affirmed	09/24/2020
VISTA ALEGRE ATLANTIS SGPS SA Tipo Rating: Bond	Bond	No Trend	Under Observation	09/16/2020
VISTA ALEGRE ATLANTIS SGPS SA Tipo Rating: Corporate	Corporate	Stable	Under Observation	09/16/2020
AEDAS HOMES SA Tipo Rating: Debt Issues Maturing Beyond One Year	Debt Issues Maturing Beyond One Year	No Trend	New	09/07/2020
RESTABELL FRANQUICIAS SL Tipo Rating: Bond	Bond	No Trend	Affirmed	07/31/2020
RESTABELL FRANQUICIAS SL Tipo Rating: Corporate	Corporate	Observation	Downgrade	07/31/2020
BANKIA SA Tipo Rating: Financial Institutions	Financial Institutions	Negative	Affirmed	07/24/2020
CAIXABANK SA Tipo Rating: Financial Institutions	Financial Institutions	Stable	Downgrade	07/24/2020
GRIFOLS SA Tipo Rating: Corporate	Corporate	No Trend	Withdrawal	07/22/2020
BANCO DE SABADELL SA Tipo Rating: Financial Institutions	Financial Institutions	Stable	Downgrade	07/21/2020
SACYR SOCIEDAD ANONIMA Tipo Rating: Corporate	Corporate	Stable	New	07/21/2020
ESTACIONAMIENTOS Y SERVICIOS SA Tipo Rating: Corporate	Corporate	Observation	Affirmed	07/21/2020
COMUNIDAD DE MADRID Tipo Rating: Sovereign & Sub-Sovereign	Sovereign & Sub-Sovereign	Negative	Affirmed	07/10/2020
TEKNIA MANUFACTURING GROUP SOCIEDAD LIMITADA Tipo Rating: Corporate	Corporate	Negative	Affirmed	07/08/2020
SOCIEDAD ANONIMA DE OBRAS Y SERVICIOS COPASA Tipo Rating: Corporate	Corporate	Stable	Affirmed	07/06/2020
EULER HERMES GROUP SA Tipo Rating: Insurance	Insurance	Observation	New	07/06/2020
COFACE SA Tipo Rating: Insurance	Insurance	Observation	New	07/06/2020
INSTITUTO DE CREDITO OFICIAL EPE Tipo Rating: Financial Institutions	Financial Institutions	Observation	New	07/06/2020

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Rating List