E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/30/2009 in the Prospect News Emerging Markets Daily.

Fitch rates Moscow bond AAA(rus)

Fitch Ratings said it assigned the City of Moscow's RUR 5 billion domestic bond due Dec. 18, 2011 a national long-term rating of AAA(rus).

The city is rated long-term foreign- and local-currency BBB with negative outlook, respectively, short-term foreign-currency F3 and national long-term AAA(rus) with stable outlook.

The bond has a fixed 8% coupon.

Proceeds will be used to finance the city's investment projects and to refinance maturing debt.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.