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Fitch rates Vneshtorgbank notes BBB
Fitch Ratings said it assigned a BB rating to VTB Capital SA's €500 million issue of 4¼% loan participation notes due 2016.
The notes will be used to finance VTB Capital's fiduciary deposits with Deutsche Bank Luxembourg SA for the purpose of financing loans to Russia's JSC Vneshtorgbank (BBB/stable/F3), the agency said.
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