S&P ups Metso view to positive

Standard & Poor's said it revised its outlook on Metso Corp. to positive from stable, reflecting improvements in the group's operating performance and capital structure that offer it the potential to return to a low investment-grade rating.

The BB+ long-term and B short-term corporate credit ratings, as well as the BB senior unsecured debt rating on the group were affirmed, the agency said.

S&P added that the rating is constrained at the current level by the remaining uncertainty over Metso's future structure and strategies.

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