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Prospect News home > News index > List of issuers V > Headlines for Vneshtorgbank > News item
Published on 4/13/2007 in the Prospect News Emerging Markets Daily.

Fitch rates VTB Bank Europe note BBB

Fitch Ratings said it assigned a BBB long-term rating to VTB Europe Finance BV's (formerly Moscow Narodny Finance BV) $500 million floating-rate notes due 2009.

The notes were issued under the company's $2 billion global medium-term note program, which is guaranteed by VTB Bank Europe plc (formerly Moscow Narodny Bank Ltd.). VTB Bank Europe is, in turn, 92% owned by Bank VTB.


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