Mapfre off S&P 'Credit Watch' but Spanish economy continues to cause fears
Standard & Poor's cited uncertainty over the future of the Spanish economy as the reason behind its decision to affirm a ‘BBB+’ long-term rating on the core operating entities of Mapfre.
The ratings agency has affirmed the 'BBB-' long-term counterparty credit rating on the group's holding company, Mapfre S.A., and affirmed the 'BB' long-term issue ratings on Mapfre S.A.'s subordinated
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