Fitch rates Mexim notes A-

Fitch Ratings said it assigned a final rating of A- to Export-Import Bank of Malaysia Bhd.'s (Mexim) $500 million 2 7/8% senior notes due 2017 issued under its $1.5 billion multi-currency medium-term note program.

The outlook is stable.

This follows the completion of the notes issue and the receipt of final documents conforming to information previously received. The final rating is same as the expected rating assigned June 7, Fitch said.

The notes are rated at the same level as Mexim's A- long-term foreign-currency issuer default rating.

This is because the notes constitute the bank's direct, unconditional and unsecured obligations, the agency said, and rank equally with its unsecured and unsubordinated obligations.

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