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Published on 11/1/2012 in the Prospect News Emerging Markets Daily.

Fitch: Sviaz-Bank bonds BB

Fitch Ratings said it assigned a long-term local-currency rating of BB and a national long-term rating of AA-(rus) to Sviaz-Bank's RUB 5 billion series BO-01 senior unsecured bonds due Nov. 1, 2015.

The bonds have semi-annual coupons and a put option on Nov. 6, 2013.

The bank has a long-term issuer default rating of BB, short-term issuer default rating of B, viability rating of B+ and national long-term rating of AA-(rus).


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