Fitch Assigns BBB Rating to RusAg RUB10 bn Bonds
OREANDA-NEWS. November 15, 2010. Fitch Ratings assigned Russian Agricultural Bank's series 06 RUB 10 billion on-exchange bonds final ratings of Long-term local currency BBB and National Long-term AAA(rus), reported the press-centre of RusAg.
The ratings are in line with the Bank's Long-term local currency Issuer Default Rating BBB and National Long-term rating AAA(rus). The Outlooks on both ratings are Stable.
The senior unsecured notes have a three-year maturity with a put option in one and a half years, and the coupon until the put option is set at 6.6%.
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