Rating strategy 

Stora Enso considers two investment grade ratings an important target. The present rating and outlook from Moody's, Standard & Poor's (S&P) and Fitch are shown below.

Stora Enso’s goal is to ensure that rating agencies continue to be well informed about Stora Enso’s strategy and performance. The company's strategy is to maintain liquidity well in line with the comfort level of the agencies. Review meetings are arranged with the Stora Enso management annually, and regular contact is kept with the rating analysts.

The rating reports below are published by Standard & Poor's and Moody's rating agencies and are available in PDF format.

Standard & Poor's Research Update (22 November 2011)  

Moody's Credit Opinion (4 November 2011)  
Moody's Analysis (3 November 2011) 

Moody's Issuer Comment (21 July 2011)   

Standard & Poors Ratings Direct (12 April 2011)   

Moody's Credit Opinion (20 January 2011)  
Moody's Press Release (19 January 2011) 

Standard & Poor's Bulletin (18 January 2011) 

Standard & Poor's Rating Review (15 December 2010)