S&P affirms Mondi Group

S&P said it affirmed its BBB long-term corporate credit rating on Mondi Group. The outlook is stable.

At the same time, S&P affirmed the BBB issue rating on the senior unsecured debt issued by Mondi Finance plc.

S&P said the affirmation follows Mondi’s strong 2015 results and S&P’s forecast of further improvements to its credit metrics. S&P said it has accordingly raised the financial risk assessment on the group to modest from intermediate.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.