OREANDA-NEWS. Fitch Ratings has today assigned ALB Finance B.V.'s ("ALB") upcoming KZT issue, payable in USD, an expected Long-term 'BB-' (BB minus) rating.

Proceeds from the notes will be deposited with Alliance Bank ("Alliance"), rated Issuer Default 'BB-'(BB minus)/Stable, Short-term 'B', Individual 'D', and Support '3'.

The final rating is contingent upon receipt of final documentation conforming materially to information already received.

At the same time, Fitch has assigned ALB's USD350 million issue of 9.25% notes, due September 2013 a final Long-term 'BB-' (BB minus) rating.