Frankfurt am Main, March 19, 2014 -- Moody's Investors Service, ("Moody's") assigned today a definitive B2 (LGD4, 57%) unsecured instrument rating to the upsized 5-year non-call EUR225 million senior unsecured Nordic bond at a 4% fixed interest rate issued by Metsa Board Corporation. The company's B2 Corporate Family Rating (CFR), B2-PD probability of default rating (PDR) as well as the positive outlook remain unchanged.

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