Ratings crediticios - telefonica

International

Rating Agency	Instrument	Rating	Outlook	Date of last review
S&P
S&P	Senior	BB	Negative	24/03/2021
Fitch
Fitch	Senior	BBB-	Stable	26/06/2020

National

Rating Agency	Instrument	Rating	Outlook	Date of late review
S&P	Issuer	AA+	Negative	23/03/2021
S&P	Issue	AA+	Negative	23/03/2021
Warning: These ratings are only an opinion about the Company solvency and may be revised, suspended or withdrawn at any time by the respective rating agency. .