OREANDA-NEWS. December 30, 2011. Fitch Ratings, the international ratings agency, assigned a final long-term local currency rating of ’BB’ and a national long-term rating of ’AA-(rus)’ to MDM Bank’s 4th issue of exchange bonds. The bonds have a total nominal value of RUB 5 bn.

At the same time, Moody’s Investors Service rating agency assigned the bond issue a long-term local currency rating of Ba2.

On 16 December 2011, MDM Bank completed placement of the 4th exchange bond. The bond has a maturity of three years, and a one-year put option.