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Fitch assigns BBB- rating to Class A Notes of Privatbank securitization

Fitch assigns BBB- rating to Class A Notes of Privatbank securitization

15 May 2008

Fitch said yesterday that it has rated Ukraine Auto Loan Finance No. 1’s upcoming USD 85.8 mln Eurobond issue Class A notes a BBB- rating and its Class B notes with a volume of USD 18.7 mln a B rating. Both ratings carry a stable outlook. UALF was established by Privatbank to provide securitization of car loans.

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