KBRA Assigns BBB/K2 Ratings to Portuguese Republic

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