Moody’s Investors Service has upgraded Metsä Board's Corporate Family Rating (CFR) by one notch from Ba2 to Ba1, as the company said in the press release received by Lesprom Network.
At the same time, Moody’s upgraded Metsä Board’s Euro 225 million senior unsecured bond, that matures on 2019, from Ba2 to Ba1. The outlook on the ratings is stable.
Metsä Board is a leading European producer of premium fresh fibre paperboards including folding boxboards, food service boards and white kraftliners.
