Fitch rates Gazprom notes BBB

Fitch Ratings said it assigned a final BBB local-currency senior rating and a final AAA(rus) national senior rating to the RUB 15 billion 7.5% domestic notes due 2014 issued by OOO Gazprom Capital, a subsidiary of OAO Gazprom (BBB/positive).

The notes are guaranteed by OAO Gazprom for the maximum amount of RUB 21 billion for four years. The proceeds are expected to be used for general corporate purposes.

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