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Sappi Papier Holding GmbH -- Moody's assigns Ba1 rating to Sappi's EUR450 million senior notes issuance

Moody's Investors Service ("Moody's") has today assigned a Ba1 rating to the proposed issuance of EUR450 million senior unsecured notes due in 2026, by Sappi Papier Holding GmbH (Sappi Papier) , a guaranteed subsidiary of Sappi Limited ("Sappi" or "the company"). Sappi's Ba1 corporate family rating (CFR), Ba1-PD probability of default rating (PDR) and all other instrument ratings under Sappi Papier remain unaffected.