Wednesday, August 8, 2007

Fitch has withdrawn Rosnefts expected Eurobond rating of BBB-.

International rating agency Fitch Ratings has withdrawn its expected BBB- rating which was assigned on July 2 to the planned issue of Rosnefts Eurobonds, the agency said in a press release. Rosneft Capital S.A. acts as Eurobond issuer. The expected rating was withdrawn, as the transaction will be carried out at a later time this year.

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[Source: Russian Stock Market Blog]

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