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Fitch rates Gazprom notes BBB
Fitch Ratings said it assigned Gaz Capital SA's $500 million of 7.51% loan participation notes due 2013 BBB ratings. The notes are issued under the company's 30 billion loan participation note program, rated BBB.
Gaz Capital is issuing the notes to finance a loan to OAO Gazprom (BBB/stable).
Proceeds will be used for general corporate purposes.
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