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Moody's rates Gazprom bonds Baa1
Moody's Investors Service said it assigned Baa1 long-term senior unsecured ratings to various bond issuances issued by OJSC Gazprom, for which ratings had not been assigned to date.
The outlook on all ratings is stable.
Ratings assigned include the following: Baa1 on the $500 million loan participation note due 2009, Baa1 on the $1.75 billion loan participation note due 2013, Baa1 on the $200 million loan participation note due 2009, Baa1 on the $500 million loan participation note due 2007 and Baa1 on the $5 billion loan participation note 144A program issued by Gaz Capital SA.
Issues already rated Baa1 by Moody's and thus unaffected by today's announcement include the following: $1.2 billion loan participation note due 2034 issued by Gaz Capital SA, €1 billion loan participation note due 2015 issued by Gaz Capital SA, €1 billion loan participation note due 2012 issued by Gaz Capital SA and $646.5 million loan participation note due 2013 issued by Gazstream SA.
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