London, 03 July 2014 -- Moody's Investors Service has today changed to negative, from stable, the outlook on the B3 corporate family rating (CFR) and probability of default rating (PDR) of B3-PD of ContourGlobal L.P. (Contour), as well as the B3 rating on the $400 million 7.125% senior secured notes due in 2019 (the Notes), issued by ContourGlobal Power Holdings S.A. (the Issuer) on 20 May 2014, with a loss given default (LGD) assessment of LGD4. Concurrently, Moody's has affirmed these ratings.

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