Fitch affirms Stora Enso

Fitch Ratings said it affirmed Stora Enso Oyj's long-term foreign-currency issuer default rating at BBB- with a stable outlook.

Fitch also affirmed its senior unsecured ratings at BBB-.

“Stora Enso's ratings reflect its successful transformation towards growth businesses while limiting its exposure to the structurally declining paper market,” the agency said in a news release.

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