Credit Rating Report

Parpública - Participações Públicas (SGPS), S.A.: Rating Report

Other Government Related Entities

Summary

DBRS Ratings GmbH (Morningstar DBRS) changed the trend on Parpública - Participações Públicas (SGPS - Sociedade Gestora de Participações Sociais), S.A's (Parpública) Long-Term Issuer Rating to Positive from Stable and confirmed the ratings at "A". At the same time, Morningstar DBRS changed the trend on Parpública's Short-Term Issuer Rating to Positive from Stable and confirmed the ratings at R-1 (low).

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