Following the latest assessment by the international credit rating agency Moody’s, our Company’s Long-Term CFR has been revised from “Caa2″ to ” Caa3″, and the related PDR has been revised from “Caa2-PD” to “Caa3-PD”. In addition, the rating of the Company’s USD 500 million guaranteed senior unsecured notes due 2029 has been revised from “Caa2” to “Caa3”. The outlook for all ratings has remained “Negative.”