NOS SGPS : 13-02-20 - NOS informs on review of "BBB-" long term issuer credit rating and stable outlook by S&P
February 13, 2020 at 05:16 am EST
Share
NOS, SGPS, S.A.
Public Company
Registered Office: Rua Ator António Silva 9 Campo Grande 1600-404 Lisbon
Share Capital: 5,151,613.80 Euros
Registered in the Commercial Registry Office of Lisbon
and Corporation no. 504 453 513
ANNOUNCEMENT
S&P Global Ratings affirms BBB- long term issuer credit rating and stable Outlook
Lisbon, 13 February 2020 Securities code and hereby informs:
Pursuant to the terms and for the purposes of article 248-A of the Portuguese , NOS, SGPS, S.A. (NOS)
-
Stable Outlook.
S&P considers that NOS key strengths are
Pay
-mobile offering, strong local content, a well-
.
Maintaining its investment grade long term issuer credit rating with S&P enables NOS to reinforce the conditions to further diversify its sources of funding, extend average debt maturity and continue to reduce the already low average cost of debt.
Nos SGPS SA published this content on 13 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 February 2020 10:15:08 UTC
NOS, SGPS, S.A. is a telecoms and entertainment group in Portugal. It offers latest generation fixed and mobile phone, television, Internet, voice and data solutions for all market segments. It is leader in Pay TV, new generation broad band services and in cinema distribution. In the business segment, it has positioned itself as a sustainable alternative in the Corporate and Mass Business segments, offering a broad portfolio of products and services with tailor made solutions for each sector and for businesses of different sizes, complementing its offer with ICT and Cloud services.
NOS, SGPS, S.A. 
