TEXT-Fitch rates OJSC PhosAgro 'BB+';outlook stable
Posted on January 30, 2013 at 04:37 AM EST
Jan 30 - Fitch Ratings has assigned OJSC PhosAgro (PhosAgro) a Long-term foreign currency Issuer Default Rating (IDR) of 'BB+'. The Outlook is Stable. Fitch has simultaneously assigned Phosagro Bond Funding Limited's proposed issue of loan participation notes (the Notes, LPNs) an expected foreign currency senior unsecured rating of 'BB+(EXP)'.