Rating List

	Type of Rating	Trend	Action	Action Date
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
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
EMPRESA NAVIERA ELCANO SA Tipo Rating: Corporate	Corporate	Observation	Affirmed	07/03/2020
ATRYS HEALTH SA Tipo Rating: Bond	Bond	No Trend	Withdrawal	06/25/2020