RAB Loan Participation Notes Issue Assigned Baa1 by Moodys
OREANDA-NEWS On 05 June was announced, that Moody's Investors Service assigned a provisional (P)Baa1 long-term foreign currency rating to the upcoming issue of Russian Agricultural Bank’s senior unsecured notes that is expected to be issued under an already established LPN program.
The program is rated by Moody's at Baa1, the size of the program was increased to USD 7 billion from USD 5 billion.
The notes are expected to be issued for the period of up to 5 years on a limited-recourse basis by RSHB Capital S.A.
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