OREANDA-NEWS. Fitch Ratings has today assigned Standard Bank Plc's upcoming loan participation notes ("LPN") issue an expected Long-term 'B-' (B minus) rating and an expected Recovery Rating 'RR4'.

The notes are to be issued for the sole purpose of financing a loan to First Ukrainian International Bank ("FUIB"), rated Issuer Default 'B-' (B minus), Short-term 'B', Individual 'D', Support '5' and National Long-term 'BBB(ukr)'. The Outlooks on both the Issuer Default and the National Long-term ratings are Stable.

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