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Fitch rates Astana Finance issue BB+
Fitch Ratings said it assigned an expected BB+ rating to the first series issue under JSC Astana Finance's (rated BB+ with stable outlook) $2 billion global medium-term note program.
The issue is expected to be a senior, three-year fixed-rate bond for €200million to €300 million. The issuer will be Astana Finance BV and the guarantors will be Astana Finance and its subsidiary, JSC Astana Finance Leasing Co. The final rating depends on final documents.
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