Metsä Board Corporation Stock Exchange Release 24 February 2016 at 16.35 pm EET
Standard & Poor’s Ratings Services has upgraded Metsä Board Corporation's rating by one notch from BB to BB+. The outlook of the rating was raised from stable to positive.
Upgrade does not have an impact on Metsä Board’s current annual financing costs.
METSÄ BOARD CORPORATION
Further information:
Markus Holm, CFO, tel. +358 10 465 4913
Katri Sundström, Head of Investor relations, tel. +358 400 976 333
www.metsaboard.com
Metsä Board is a leading European producer of folding boxboards and white linerboards made from fresh forest fibres. Its lightweight paperboards are developed as the perfect fit for consumer goods, retail-ready and food service packaging. The pure fresh forest fibres Metsä Board uses are a renewable resource, traceable to origin in northern forests.
The global sales network of Metsä Board supports customers worldwide, including brand owners, converters and merchants. In 2015, the company’s sales totalled EUR 2.0 billion, and it has approximately 2,600 employees. Metsä Board, part of Metsä Group, is listed on the Nasdaq Helsinki.