OREANDA-NEWS. March 24, 2011. Fitch Ratings assigned RusAg's RUB 20 billion issue of 8.7% loan participation notes, due March 2016, a final Long-term local currency rating of BBB, reported the press-centre of RusAg.

The rating is in line with the Bank’s Long-term local currency Issuer Default Rating of BBB, Stable Outlook.

Funds from the placement will be used by Russian Agricultural Bank to further expand financing of the agribusiness sector and related industries.