MOSCOW, Feb. 6 - Standard & Poor's Ratings Services on Feb. 3 assigned a 'B-' long-term corporate credit rating to Ukraine-based Azovstal, S&P reported on Friday. The outlook is positive, S&P said in a press release.

At the same time, Standard & Poor's assigned a 'B-' debt rating to the proposed loan participation notes to be issued by financial vehicle Azovstal Capital B.V. The notes will be used to finance a loan from Moscow Narodny Bank Ltd. to Azovstal.