Moody’s Investors Service has upgraded to Baa1 the long-term senior unsecured rating of Fortum Corporation. The outlook is stable. The previous rating was Baa2 with positive outlook.
Moody’s Investors Service refers in its statement to Fortum's completed refinancing transactions which have clarified the Group's financing structure, completed divestments of non-core assets and improved financial profile of the Group.
For further information please contact
Seppo Viitanen, Group Treasurer, tel. +358 50 452 4477