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

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

The notes are to be consolidated and form a single series with the SPV's USD125m 9.501% issue of limited recourse loan participation notes due November 2009.

The notes are to be used solely for financing a loan to Russia-based Bank Saint Petersburg ("BSP”), Russia.