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Prospect News home > News index > List of issuers O > Headlines for OTP Bank plc > News item
Published on 11/15/2011 in the Prospect News Emerging Markets Daily.

Fitch: OTP Bank bond BB

Fitch Ratings said it assigned a final long-term rating of BB to OJSC OTP Bank's RUB 4 billion senior unsecured exchange bond issue B0-03, along with a national long-term rating of AA-(rus).

The issue has a coupon rate of 10½% and matures in October 2014.

The bank is 97.7% owned by OTP Bank plc, Fitch said.


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