As part of the refinancing of our capital structure, it is announced today that Perstorp has received an improved credit rating from both Moody’s and Standard & Poor respectively.
Perstorp announced on February 25, the refinancing of our existing credit facilities. On the back of the strong performance and sale of the Capa™ business, Perstorp and its shareholders decided to refinance the existing bonds and loans through new credit facilities. The refinancing will put Perstorp in a better position to achieve its long term strategic objectives.
Link to Moody's press release
Link to S&P press release