10.03.2015 13:49:00

Sappi Limited -- Moody's assigns Ba2 rating to Sappi's new senior secured notes

Frankfurt am Main, March 10, 2015 -- Moody's Investors Service, ("Moody's") has assigned a Ba2 rating to the proposed issuance of EUR450 million senior secured notes due in 2022 and to the amended and restated EUR465 million Revolving Credit Facility (RCF) maturing in 2020, both by Sappi Papier Holding GmbH, a direct subsidiary of Sappi Limited ("Sappi" or "the company"). The group's Ba3 corporate family rating has been affirmed. The outlook on all ratings is stable.

Vollständigen Artikel bei Moodys lesen