Metsä Board has terminated its credit rating agreement with S&P Global Ratings and requested the agency to withdraw its credit rating.
The company has determined that a credit rating from a single rating agency is sufficient to support Metsä Board’s financing and access to capital markets. The decision is also aligned with the company’s ongoing transformation programme and efforts to reduce costs and simplify operations.
At the time of the request, S&P Global Ratings' credit rating for Metsä Board is BBB- with a negative outlook.
Metsä Board will continue to be rated by Moody's Ratings, which currently rates the company Baa3 with a negative outlook.
METSÄ BOARD CORPORATION
Further information:
Katri Sundström, VP, Investor Relations, tel. +358 10 462 0101
Ulla Nurminen, Group Treasurer, Metsä Group, tel +358 50 343 6387
Metsä Board
metsagroup.com/metsaboard
Metsä Board is a producer of lightweight and high-quality folding boxboards, foodservice boards and white kraftliners. The fresh wood fibres we use in our products are a renewable and recyclable resource, that can be traced back to Northern European forests. We aim to phase out the use of fossil energy in our production by 2030. We promote a culture of diversity, equality and inclusion. Metsä Board’s shares are listed on the Nasdaq Helsinki.
In 2025, our sales totalled EUR 1.8 billion, and we employ about 1,900 people. Metsä Board is part of Metsä Group, whose parent company Metsäliitto Cooperative is owned by approximately 90,000 Finnish forest owners. The sales of the whole Metsä Group were EUR 5.8 billion.
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