OREANDA-NEWS. Fitch Ratings has today assigned RSHB Capital S.A.'s issue of limited recourse USD500 million 6.97% loan participation notes due September 2016 a final Long-term rating of 'BBB'.

The notes are to be used solely for financing a subordinated loan to Russian Agricultural Bank ("RAB"), rated Issuer Default 'BBB+'/Stable Outlook, Short-term 'F2', Support '2', Individual 'D', and National Long-term 'AAA(rus)'/Stable Outlook.

RSHB Capital will only pay noteholders amounts (principal and interest), if any, received from RAB under the subordinated loan agreement.