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Published on 5/8/2006 in the Prospect News Emerging Markets Daily.

Fitch rates Samba notes A

Fitch Ratings said it has assigned Saudi Arabia-based Samba Financial Group's forthcoming $1.6 billion euro medium-term note program long-term A and short-term F1 ratings for senior unsecured debt.

At the same time, Fitch said it assigned expected ratings to Samba's first issue under the program of dollar-denominated notes due 2011 of long-term A.

The final ratings on the first issue are contingent on receipt of final documents conforming to information already received.


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