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Prospect News home > News index > List of issuers G > Headlines for Gazprom > News item
Published on 4/7/2009 in the Prospect News Emerging Markets Daily.

Fitch rates Gazprom notes BBB

Fitch Ratings said it assigned Gaz Capital SA's proposed CHF 400 million loan participation notes an expected senior unsecured BBB rating. The notes will be the 19th series issued under Gaz Capital's $30 billion debt issuance program rated BBB.

The notes will be issued on a limited recourse basis for the purpose of funding a loan by Gaz Capital to OAO Gazprom (BBB/negative).

Proceeds are expected to be used for general corporate purposes.


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