OREANDA-NEWS. On June 02, 2008 Fitch Ratings assigned Russian Agricultural Bank USD750 million 7,125% senior unsecured loan participation notes due January 2014 - Tranche A notes, and USD1 billion 7,750% loan participation notes due May 2018 - Tranche B notes, final Long-term 'BBB+' ratings, reported the press-centre of Russian Agricultural Bank.

Both tranches are to be used solely for financing two loans to RAB, rated Long-term Issuer Default 'BBB+' with a Stable Outlook.

Bonds are issued to provide for the funding of Russian Agricultural Banks operations, including lending being performed within the framework of the Federal Program on Agribusiness Development 2008-2012.