Moody's rates Russian Standard Finance notes Ba2

Moody's Investors Service said it has assigned a Ba2 rating to the $350 million 8.625% loan participation notes due 2011 issued by Russian Standard Finance SA.

Moody's said the Ba2 rating is based primarily on the ability of Russian Standard Finance to make timely payments of interest and ultimate payment of principal on the loan and the charge and assignment of rights and interests by the special purpose vehicle to the trustee for the benefit of noteholders under English law.

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