Fitch Assigns Bank of Moscow's Upcoming RUB Notes Expected 'BBB' Rating
OREANDA-NEWS. Fitch Ratings has today assigned Dali Capital PLC's ("Dali") Series 28 upcoming issue of fixed-rate RUB notes an expected Long-term 'BBB' rating.
The notes are to finance an unsecured loan made by Barclays Bank PLC ("Barclays") to Russia's Bank of Moscow ("BOM") rated, Issuer Default 'BBB', Short-term 'F3', Support '2', Individual 'D' and National Long-term 'AA+(rus)'. The Outlooks on both the Issuer Default and the National Long-term ratings are Stable.
The final rating on the notes is contingent upon receipt of final documentation conforming to information already received.
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