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17.02.2016 17:42:00
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UPM-Kymmene -- Moody's changes outlook on UPM-Kymmene to positive, Ba1 CFR affirmed
Frankfurt am Main, February 17, 2016 -- Moody's Investors Service, ("Moody's") has today changed to positive from stable the outlook on all ratings of UPM-Kymmene (UPM) and its subsidiary UPM-Kymmene Finance B.V.. Concurrently, the company's Ba1 corporate family rating (CFR), Ba1-PD probability of default rating (PDR), the Ba1 ratings on the various senior unsecured debt instruments and the (P)Ba1 senior unsecured MTN programme ratings of UPM and UPM-Kymmene Finance B.V. have been affirmed.
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