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Published on 3/24/2014 in the Prospect News Emerging Markets Daily.

S&P rates Export-Import Bank of India notes BBB-

Standard & Poor's said it assigned its BBB- long-term issue rating to a proposed issue of senior unsecured notes by Export Import Bank of India (BBB-/negative/A-3).

The rating on the notes reflects the long-term counterparty credit rating on the bank, S&P said. The notes are drawn down under the bank's $6 billion medium-term note program.


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