S&P gives Mytilineos notes BB-

S&P said it gave its BB- issue rating to Mytilineos SA's planned €500 million senior unsecured green notes due 2026.

“The notes are rated on par with our BB- long-term issuer credit rating on the company, which is unchanged,” the agency said in a press release.

Mytilineos will be use the proceeds to repay €300 million of bank loans due 2025 and improve its liquidity position as it proceeds with its capital expenditures program.

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