New York, June 14, 2016 -- Moody's Investors Service placed the ratings of Celanese Corporation (Ba1 Corporate Family Rating) under review for possible upgrade following public comments by its CEO and CFO last week with regard to maintaining total leverage of 2.0x on a sustained basis, as well as stating that it plans to refinance its secured term loan with unsecured debt and replace its secured revolver with an unsecured revolver. Moody's had previously stated that these factors were preventing the company from an upgrade, despite having investment grade financial metrics and an investment grade business profile.

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