The noteholders will rely on a senior unsecured guarantee from OAO LUKOIL for repayment. LUKOIL International Finance B.V. is the financing subsidiary of OAO LUKOIL.
The issue amount of the notes will be disclosed at a future date. The final rating is contingent upon the receipt of final documents conforming to information already received.
Fitch affirmed OAO LUKOIL's Long-term foreign currency and local currency Issuer Default Ratings (IDRs) of 'BBB-' and Short-term foreign currency rating of 'F3' on 16 October 2009. The Outlooks on the Long-term IDRs are Stable. (For further information, please see the comment, entitled 'Fitch Affirms LUKOIL's IDR at 'BBB-'; Outlook Stable', which is available on the agency's public website, www.fitchratings.com.)
LUKOIL is one of the world's largest energy companies in terms of its proven crude oil and gas reserves, and the second-largest producer of crude oil in Russia.
Contacts: Jeffrey Woodruff, London, Tel: +44 (0) 20 7682 7322; Angelina Valavina, +44 (0) 20 7682 7383.
Media Relations: Peter Fitzpatrick, London, Tel: + 44 (0)20 7417 4364, Email: peter.fitzpatrick@fitchratings.com; Marina Moshkina, Moscow, Tel: +7 495 956 9901, Email: marina.moshkina@fitchratings.com.
Additional information is available at www.fitchratings.com.
ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE.
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Publié le 26 octobre 2009 Copyright © 2009 Dowjones





