Axesor Rating affirms the credit rating of the Autonomous Community of Madrid at A- with stable outlook.

Axesor upgrades Portugal’s unsolicited rating to BBB+ with a stable outlook.

Following Axesor Rating’s growth plan, Axesor has started the development of a specific methodology to issue rating for Hotel Industry. This report describes the Axesor Rating’s methodology to rate Hotel companies. Axesor has not received any comments for this notification during the open period designated for allegations and comments.

Following Axesor Rating’s growth plan, Axesor has started the development of a specific methodology to issue rating for Pharmaceutical Industry. This report describes the Axesor Rating’s methodology to rate Pharmaceutical companies. Axesor has not received any comments for this notification during the open period designated for allegations and comments.

Following Axesor Rating’s growth plan, Axesor has started the development of a specific methodology to issue rating for Asset managers. This report describes the Axesor Rating’s methodology to rate Asset managers. Axesor has not received any comments for this notification during the open period designated for allegations and comments.