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Published on 6/17/2011 in the Prospect News Emerging Markets Daily.

Fitch: SB Capital notes BBB

Fitch Ratings said it assigned a final long-term rating of BBB to SB Capital SA's $1 billion 5.717% note issue due June 2021.

The notes are being used to finance a senior unsecured loan to Sberbank of Russia.

The notes have been issued under Sberbank's $10 billion loan participation notes program, which has a long-term rating of BBB and short-term rating of F3.


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