OREANDA-NEWS. Fitch Ratings has assigned BSPB Finance P.L.C.'s upcoming issue of limited recourse loan participation notes expected ratings of Recovery 'RR4' and Long-term 'B'.

The notes are to be used solely for financing a loan to Russia-based Bank Saint Petersburg ("BSP"), which is rated Issuer Default ("IDR") 'B' with Stable Outlook, Short-term 'B', Individual 'D', and Support '5'.

The final ratings are contingent upon receipt of final documentation conforming materially to information already received.