Moody's changes Stora Enso to negative

Moody's Investors Service said it affirmed all ratings of Stora Enso Oyj, including its Ba2 corporate family rating and Ba2 senior unsecured instrument ratings.

The outlook was changed to negative from stable.

Moody's said the revision of the outlook was prompted by weak overall economic activity resulting into lower year-to-date September 2012 operating profitability and cash flow generation despite sequential improvements in the third quarter of 2012.

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