On 2 September 2022, DBRS Ratings GmbH (DBRS Morningstar) confirmed the Long-Term Issuer Rating of the Autonomous Region of the Azores at BBB (low) and its Short-Term Issuer Rating at R-2 (low). The trends on all ratings have been changed to Stable from Negative.
DBRS Ratings GmbH (DBRS Morningstar) confirmed the Long-Term Issuer Rating of the Autonomous Region of the Azores (the Azores) at BBB (low) and its Short-Term Issuer Rating at R-2 (low). At the same time, DBRS Morningstar has revised the trend on all ratings to Negative from Stable.
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