OREANDA-NEWS. Fitch Ratings has today assigned Kuznetski Capital S.A.'s USD400m 6,807% issue of limited recourse loan participation notes due 2017 with interest step-up of 150 basis points in 2012 a final Long-term "BBB-" (BBB minus) rating.

The notes are to be used solely for financing a subordinated loan to Russia's Bank of Moscow ("BOM", rated Issuer Default ("IDR") "BBB" with a Stable Outlook, Short-term "F3", Support "2", Individual "D").