Inactive Instrument

Neles Oyj

Equities

NELES

FI4000440664

Industrial Machinery & Equipment

Metso : continues to be rated by Standard and Poor's

September 21, 2015 at 06:01 am EDT

Metso continues to be rated by Standard and Poor's

Metso Corporation's press release on September 21, 2015 at 1:00 p.m. EET

As part of reaching Metso's cost-efficiency targets Metso has assessed, that a rating from one rating service provider is sufficient. Metso has evaluated and tendered the rating services from the current service providers. As a result of this evaluation Metso has decided to terminate its current rating relationship with Moody's Investors Service, and will continue cooperation with Standard & Poor's Rating Services. The termination is effective as of today. If Moody's continues to rate Metso's existing outstanding bonds, these ratings will be based on publicly available information only.

Metso is the world's leading industrial company in the mining and aggregates industries and in the flow control business. Our knowledge, people and solutions help drive sustainable improvements in performance and profitability in our customers' businesses.

Metso has an uncompromising attitude towards safety. Our products range from mining and construction equipment and systems to industrial valves and controls. Our solutions are delivered and supported by decades of process knowledge and a broad scope of services backed by a global footprint of over 90 service centers, thousands of service employees, and an extensive logistics network.

Metso is listed on the NASDAQ OMX Helsinki, Finland. In 2014, Metso's net sales totaled EUR 3.7 billion. Metso employs approximately 14,000 industry experts in more than 50 countries. Expect results.

www.metso.com:
http://www.metso.com, www.twitter.com/metsogroup:
http://www.twitter.com/metsogroup

For further information, please contact:

Minna Helppi, SVP Group Treasurer, Metso Corporation, tel. +358 20 484 3195, email: minna.helppi@metso.com:
mailto:minna.helppi@metso.com

Jussi Ollila, Vice President, Global Communications, Metso Corporation, tel. +358 20 484 3212, email: jussi.ollila@metso.com:
mailto:jussi.ollila@metso.com

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Metso Corporation via Globenewswire

HUG#1953404

Latest news about Neles Oyj

Neles Oyj Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-27	CI
Transcript : Neles Oyj, H1 2023 Earnings Call, Jul 26, 2023	23-07-26
Neles Oyj Reports Earnings Results for the First Quarter Ended March 31, 2022	22-04-26	CI
Valmet CFO Steps Down	22-04-11	MT
Transcript : Neles Oyj, Valmet Oyj - M&A Call	22-04-01
Finland's Valmet Closes Purchase of Neles	22-04-01	MT
Neles Oyj(HLSE:NELES) dropped from S&P Global BMI Index	22-04-01	CI
Valmet Oyj completed the acquisition of remaining 70.4% stake in Neles Oyj ) from Cevian Capital Partners Limited, Ilmarinen Mutual Pension Insurance Company, Elo Mutual Pension Insurance Company, Keskinäinen työeläkevakuutusyhtiö Varma, Alfa Laval AB (OM:ALFA) and others.	22-03-31	CI
Valmet, Neles Merger Clears Conditions for Completion; Combined Group Nears Nasdaq Helsinki Listing	22-03-31	MT
Neles Oyj(HLSE:NELES) dropped from OMX Nordic All-Share Index	22-03-31	CI
Valmet, Neles Sign $98 Million Loan Deal For Extra Funds Distribution In Merger	22-03-22	MT
Neles Corporation Decides on an Extra Distribution, Payable on March 31, 2022	22-03-22	CI
Neles Corporation Announces Board Changes	22-03-22	CI
Neles Oyj Declares Dividend for the Year 2021, Payable on March 31, 2022	22-03-22	CI
Valmet, Neles On Track to Close Merger in April	22-03-21	MT
Finnish Competition Authority Approves Valmet, Neles Merger Prospectus Supplement	22-02-09	MT
Nokian Tyres misses estimates in quarter, warns of higher costs	22-02-08	RE
Transcript : Neles Oyj, Q4 2021 Earnings Call, Feb 04, 2022	22-02-04
Neles Oyj Reports Earnings Results for the Fourth Quarter Ended December 31, 2021	22-02-04	CI
Neles Oyj Proposes Dividend for the Financial Year Ended December 31, 2021, Payable on March 31, 2022	22-02-04	CI
Neles Oyj Reports Earnings Results for the Full Year Ended December 31, 2021	22-02-04	CI
Neles Appoints Tuomo Paukkula as Head of the Projects Business Line and Member of Executive Management Team, Effective February 7, 2022	22-01-25	CI
Neles Corporation Announces Composition of Shareholders' Nomination Board	22-01-24	CI
Neles Oyj Announces Resignation of Emma Adlerton as Member of the Shareholders' Nomination Board	22-01-14	CI
More than 50,000 Finnish industrial workers threaten to strike over wage dispute	21-12-30	RE

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Company Profile

Neles Oyj, formerly Metso Oyj is a Finland-based supplier of technology and services for mining, aggregates, oil and gas, pulp, paper, as well as process industries. The Company's industries include chemicals, energy, gas processing and LNG and industrial gas. The Company offers its products at over 190 locations worldwide. The Company offers a range of products in such categories as wear parts, spare parts, Lokotrack mobile plants, crushers, feeders, screens, conveyors, grinding, separation, pyro processing, bulk materials handling and slurry pumps. Its services include field services, life cycle services for mining, repairs and refurbishment, chamber optimization and engineered upgrades.

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Industrial Machinery & Equipment

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