Madrid, November 24, 2014 -- Moody's Investors Service has today extended its review for downgrade of the B2 long-term deposit and B3 long-term senior debt ratings of Novo Banco S.A. and its supported entities, because of the prevailing uncertainties around the bank's creditworthiness and financial profile, including details and clarity about its key financial metrics. Concurrently, Moody's has extended its review for upgrade of Novo Banco's standalone bank financial strength rating of E (equivalent to a ca baseline credit assessment (BCA)).

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