| MOODY’S | ||
| DOWNGRADES | TO | FROM |
| Key Energy Services, Inc. sr. unsec. | B1 | Ba3 |
| sub. | B3 | B1 |
| Lubrizol Corp. sr. unsec. | Baa3 | A2 |
| Sabre Funding No.1 Ltd struc. sr. sec. | Ba1 | Aa2 |
| struc. sr. sub. | B3 | Baa3 |
| struc. sub. | Caa2 | Ba2 |
| Sabre Funding No.1 Ltd struc sr. sec. | Caa3 | B3 |
| struc. sr. sec. | Caa1 | Ba1 |
| struc. sub. | Ca | Caa2 |
| UPGRADES | TO | FROM |
| International Game Technology sr. unsec. | Baa2 | Baa3 |
| Sabre Funding No.1 Ltd struc. sr. sub. | Aaa | A3 |
Rating Game (JUNE 11 - JUNE 17)