DUBLIN–(BUSINESS WIRE)–Kroll Bond Rating Agency Europe Limited (KBRA Europe) assigns a BBB issuer rating to the Portuguese Republic. KBRA also assigns K2 short-term issuer ratings to the sovereign. The ratings carry a Stable Outlook. The sovereign credit report is available here. Ratings Rating Outlook Action Foreign Currency Sovereign Rating – Long Term BBB**1 Stable Assigned Local Currency Sovereign Rating – Long Term BBB**1 Stable A