Fitch rates Alfa notes BB+

Fitch Ratings said it assigned an expected BB+(exp) rating to the dollar-denominated subordinated issue of limited recourse loan participation notes to be issued by Alfa Bond Issuance plc. The proceeds will be lent to OJSC Alfa-Bank, which has a BBB- long-term issuer default rating with a stable outlook, F3 short-term issuer default rating, bbb- viability rating, 4 support rating, B support rating floor and AA+(rus) national long-term rating.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.