MOSCOW, Aug. 4 - Moody's Investors Service has affirmed the Ba3 long-term foreign currency rating of Alfa Bank Ukraine's upcoming senior unsecured notes expected to be issued by Ukraine Issuance Plc, a UK-based special-purpose company.

The notes will be issued on a limited recourse basis with the sole purpose of financing senior unsecured loans to Alfa Bank Ukraine (ABU). The rating affirmation follows Moody's receipt of further details of the issuance, which do not affect the rating. This includes the tenor of the notes, which is expected to be three years with a put option after 1 year, and the amount of the notes, which is US$250 million. The outlook for the rating is stable, the statement says.