New York, September 14, 2016 -- Moody's Investors Service ("Moody's") today downgraded Brinker International, Inc.'s ("Brinker") unsecured non-guaranteed note ratings to Ba1 from Baa3. In addition, Moody's assigned the company a Ba1 Corporate Family Rating (CFR) and Ba1-PD Probability of Default Rating (PDR). Moody's also assigned a Baa3 rating to Brinker's proposed $350 million guaranteed senior unsecured notes and a Speculative Grade Liquidity Rating of SGL-2. The outlook is stable. This concludes Moody's review initiated on August 11, 2016.

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