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Fitch rates Russian Standard Bank bonds B+
Fitch Ratings said it assigned Russian Standard Bank's (B+/positive) RUB 5 billion of series 1 three-year senior bonds a final long-term rating of B+ with a recovery rating of RR4.
The coupon for the first one-year term is 11% and the notes have a put option after one year.
Proceeds will be used to fund the bank's core business.
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