ENCE Energia y Celulosa : 27/04/2018. S&P raises Ence´s corporate credit rating to BB from BB- with stable outlook
April 27, 2018 at 08:45 am EDT
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Relevant Event
ENCE Energía y Celulosa, S.A (the "Company") pursuant to the provisions of Article 17 of Regulation (EU) 596/2014 of 16 April 2014 on Market Abuse (Market Abuse Regulation) and Article 228 of the Securities Market Act, hereby notifies the following:
RELEVANT EVENT
On April 27 2018, Standard & Poor's has raised the Ence´s long term corporate credit rating to BB from BB- with stable outlook on the back of its strong operating performance and growing earnings contribution from its Energy division, increasing its sustainability.
Ence Energía y Celulosa, S.A. R.M.M, H. 14.837 F. 33 T. 2.363 general y 1.720, secc. 3ª libro sociedades. N.I.F.: A-28212264
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Ence Energía y Celulosa SA published this content on 27 April 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 April 2018 12:44:07 UTC
Ence Energia y Celulosa SA, formerly Grupo Empresarial ENCE SA, is a Spain-based company engaged in the operation of pulp mills. The Company' activities are divided into two business units: Pulp and Energy. The Pulp business unit is subdivided into three segments: Pulp, manufacturing pulp and pulp derivatives, such as lignin and biomass, as well as co-generating energy; Forest Management, providing forest crops and wood raw materials, and Forest Services & Other, including residual business activities, as well as forest support services. The Energy business unit focuses on generating energy using forestry and agricultural biomass, as well as, thermos and solar electric energy generation. The Company operates pulp mills and power generation plants in Spain.
ENCE ENERGÍA Y CELULOSA, S.A. 
