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Published on 12/19/2011 in the Prospect News Emerging Markets Daily.

Fitch rates MDM bonds BB

Fitch Ratings said it assigned a final BB long-term local-currency rating and a final AA- national long-term rating to MDM Bank OJSC's RUB 5 billion issue of 9Ω% senior bonds due Dec. 16, 2014.

The agency noted that the bonds have a put option on Dec. 20, 2012.


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