Credit ratings

Metsä Board is rated Baa3 (Investment Grade) by Moody’s. The current outlook is negative.

Latest changes: 

29 September 2026: Metsä Board terminated its rating agreement with S&P Global Ratings. Following the termination, Moody’s remains the company's sole credit rating agency. Investor news.

17 November 2025: Moody's changed outlook from stable to negative.

8 August 2025: Moody's downgraded rating to Baa3 from Baa2 and updated outlook from negative to stable. Stock exchange release.

15 May2025: Moody's changed outlook from stable to negative.