Metso Corp
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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934

[June 27, 2003]

Metso Corporation

(Translation of registrant’s name into English)
Fabianinkatu 9 A,
PO Box 1220
FIN-00101
Helsinki, Finland

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F

     
Form 20-F    X      Form 40-F        

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

     
Yes           No    X   

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g-32(b):82-              

 

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SIGNATURES
OUTLOOK ON METSO’S RATING CHANGED NEGATIVE BY STANDARD & POOR’S

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SIGNATURES

Date       June 27, 2003

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf of the undersigned, thereunto duly authorized.

Name:

     
Olli Vaartimo
Executive Vice President & CFO
Metso Corporation		   Harri Luoto
Senior Vice President,
General Counsel
Metso Corporation

 

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OUTLOOK ON METSO’S RATING CHANGED NEGATIVE BY STANDARD & POOR’S

(Helsinki, Finland, June 27, 2003) — Metso Corporation (NYSE: MX; HEX: MEO)
Standard & Poor’s Rating Services has lowered the outlook on the BBB long-term rating of Metso Corporation from stable to negative. At the same time, the short-term rating was lowered to A-3 from A-2.

Metso Corporation is a global supplier of process industry machinery and systems, as well as know-how and aftermarket services. The corporation’s core businesses are fiber and paper technology (Metso Paper), rock and mineral processing (Metso Minerals) and automation and control technology (Metso Automation). In 2001, the net sales of Metso Corporation were EUR 4.3 billion and the personnel totaled approximately 30,000. Metso Corporation is listed on the Helsinki and New York Stock Exchanges.

For additional information, please contact:
Pekka Hölttä, Senior Vice President, Corporate Treasurer, Metso Corporation, tel. +358 204 84 3195

or

Helena Aatinen, Senior Vice President, Corporate Communications, Metso Corporation, tel. +358 20 484 3004 USA: Mike Phillips, Senior Vice President, Finance and Administration, Metso USA, Inc., tel. +1 617 369 7850.