Moody’s Investors Service upgraded Metsä Board's credit rating

Photo: Metsä Board

Moody’s Investors Service has upgraded Metsä Board's Corporate Family Rating (CFR) by one notch from Ba2 to Ba1. At the same time, Moody’s upgraded Metsä Board’s EUR 225 million senior unsecured bond, that matures on 2019, from Ba2 to Ba1. The outlook on the ratings is stable.

The upgrade does not have an impact on Metsä Board’s current annual financing costs.