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S&P Global Ratings revised Metso Outotec outlook from stable to negative but affirmed the preliminary ‘BBB-‘ rating

Written by Customer Service on . Posted in Public Companies.

OUTOTEC OYJ   STOCK EXCHANGE RELEASE   MARCH 25, 2020 at 8:45 PMS&P Global Ratings revised Metso Outotec outlook from stable to negative but affirmed the preliminary ‘BBB-‘ ratingThe planned transaction in briefOn July 4, 2019, Outotec announced that its Board of Directors has approved a plan to combine Metso Minerals Business and Outotec to create Metso Outotec. The transaction will be executed through a partial demerger of Metso in which all assets and liabilities of Metso that relate to, or primarily serve, the Metso Minerals Business will transfer without liquidation of Metso to Outotec. Currently, the combination is expected to take place June 30, 2020.For further information please contact:OUTOTECJari Ålgars, CFO
Tel. +358 20 529 211DISTRIBUTION:
NASDAQ Helsinki
Main media
www.outotec.comAttachmentS&P Global Ratings Metso Outotec 25 03 2020

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