TEXT-Fitch rates JSC AVTOVAZ 'B-'


(The following statement was released by the ratings agency) March 30 - Fitch Ratings has published Russian automotive producer JSC AVTOVAZ Issuer Default Ratings (IDR), as follows: Long-term foreign currency IDR: 'B-'; Outlook Stable; Short-term foreign currency IDR: 'B'; Long-term local currency IDR: 'B-'; Outlook Stable; Short-term local currency IDR: 'B'; National Long-term rating: 'BB(rus)'; Outlook Stable; Foreign currency senior unsecured rating: 'CCC', RR5; Local ...

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