Fitch Assigns Ukreximbank's USD30m Sub Debt Final 'B' Rating
OREANDA-NEWS. Fitch Ratings has today assigned Credit Suisse International's ("CSI") USD30 million 8.4% issue of limited recourse loan participation notes due February 2016 with interest rate step-up in February 2011 a final Long-term 'B' rating.
The notes are to be used solely for financing a subordinated loan to The State Export-Import Bank of Ukraine, if any, received from Ukreximbank under the loan agreement.
The new notes will be consolidated and form a single series with CSI's USD95m issue of 8.4% notes, due February 2016 with interest rate step-up in February 2011.
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