Rating Report
Santander Totta S.A. Covered Bonds (Obrigações Cobertas - Mortgages): Surveillance Report
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Summary
On 12 July 2023, DBRS Ratings GmbH (DBRS Morningstar) confirmed its AA ratings on the Obrigações Cobertas (formerly designated Obrigações Hipotecárias; the Portuguese legislative covered bonds) outstanding under the Banco Santander Totta S.A. EUR 12.5 billion Obrigações Cobertas programme.
Contacts
Antonio Laudani
Vice President - European Covered Bonds Ratings
+(34) 919 036 523
antonio.laudani@morningstar.com- Marcos Meier
Assistant Vice President - European Covered Bonds Ratings
+(34) 919 036 521
marcos.meier@morningstar.com - Ketan Thaker
Managing Director - European Real Estate & NPL Ratings
+(44) 20 3356 1525
ketan.thaker@morningstar.com