Gazprombank is courting foreign investors with a cross-border RMBS, now on roadshow as the Russian bank readies another, similarly collateralized deal preplaced in the domestic market (ASR, 11/27/06).

With Barclays Bank as bookrunner, the international transaction earned an A3'rating from Moody's Investors Service on a 143 million ($570 million), 35-year legal final senior tranche. That is two notches higher than the Baa2' grade attached to the RUR3 billion ($114 million), 30-year final domestic RMBS.

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