Fitch rates Gazprom notes BBB

Fitch Ratings said it assigned OOO Gazprom Capital's RUB 15 billion proposed domestic notes with a three-year maturity an expected local currency senior unsecured rating of BBB(EXP) and expected national senior unsecured rating of AAA(rus)(EXP).

The notes will be series 03 issued under Gazprom Capital's RUB 30 billion debt issuance program to which Fitch has also assigned a local currency senior unsecured rating of BBB and national senior unsecured rating of AAA(rus).

In addition, Fitch said it assigned OAO Gazprom a national long-term rating of AAA(rus) with a stable outlook.

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