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Prospect News home > News index > List of issuers B > Headlines for Banco Santander Brasil SA > News item
Published on 11/2/2010 in the Prospect News Emerging Markets Daily and Prospect News Investment Grade Daily.

S&P rates Banco Santander Brasil notes BBB-

Standard & Poor's said it assigned a BBB- senior unsecured debt rating to Banco Santander (Brasil) SA's (BBB-/stable/A-3) forthcoming senior unsecured notes due 2015.

Proceeds will be used for general banking purposes.

Ratings reflect the bank's relevant position in the competitive Brazilian banking industry, well-diversified business lines and strategic importance to its parent, Banco Santander SA (AA/negative/A-1+), the agency said.


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