OREANDA-NEWS. October 11, 2010. Fitch Ratings has assigned Avangard planned USD 250-300mn notes an foreign-currency senior unsecured rating of 'B', the agency reported Oct 8.

Millennium Capital: the news is NEUTRAL for fixed income. The expected Eurobonds were rated at the country ceiling (on par with Kernel’s notes) showing that the company is in good financial shape. Meanwhile, the proceeds from the placement will be used to repay up to USD 170mn of existing short-term secured debt and to boost the group’s cash liquidity.

Millennium Capital is an integrated financial services provider. Established in 2000 by a group of professionals with solid background in securities and corporate finance, Millennium Capital is now one of tickets selling for its flights due to high arrearage to the creditors of the company.