Fitch rates Alliance Bank notes BB-

Fitch Ratings said it assigned an expected BB- long-term rating to ALB Finance BV's upcoming dollar-denominated notes. Proceeds from the notes will be deposited with Kazakhstan-based Alliance Bank.

Alliance will unconditionally and irrevocably guarantee the timely and full repayment of notes in the trust deed between Alliance, ALB Finance and the trustee, J.P. Morgan Corporate Trustee Services Ltd., the agency said.

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