Standard & Poor's upgraded Norske Skog
(Thomson Reuters ONE) -
Standard & Poor's Rating Services has revised its long-term credit rating on
Norske Skogindustrier ASA to CCC+, from earlier CCC-. S&P has affirmed the 'C'
short-term rating. The outlook is changed to stable, and Norske Skog has been
removed from the CreditWatch list, where the company has been placed since April
29 2016. According to Standard & Poor's press release, the rating action
reflects improved liquidity situation and profit.
Norske Skog does not have interest or covenants linked to the rating level on
the existing debt.
The press release from Standard and Poor's is enclosed.
Oslo, 21 July 2016
Norske Skog
Communications and Public Affairs
For further information:
Norske Skog media: Norske Skog financial markets:
Vice President Corporate Communication Vice President Investor Relations
Carsten Dybevig Tom Rogn
Mob: +47 917 63 117 Mob: +47 948 55 659
(at)Norske_Skog
160721 Standard Poors Credit Rating Norske Skog:
http://hugin.info/105/R/2029994/754974.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Norske Skog via GlobeNewswire
[HUG#2029994]
Unternehmensinformation / Kurzprofil:
Datum: 21.07.2016 - 16:40 Uhr
Sprache: Deutsch
News-ID 484721
Anzahl Zeichen: 1814
contact information:
Town:
Oslo
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 275 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Standard & Poor's upgraded Norske Skog"
steht unter der journalistisch-redaktionellen Verantwortung von
Norske Skog (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
