Affirms Caa1 CFR; approximately $3.1 billion of debt securities affectedNew York, June 01, 2013 -- Moody's Investors Service changed the outlook on Momentive Performance Materials Inc.'s (Momentive or MPM) to negative from stable and affirmed the company's other ratings (Caa1 Corporate Family Rating) given the company's ongoing weak financial performance and the expectation that its available liquidity will decline from current levels back toward $300 million by the end of 2013 without a more meaningful recovery in demand. Moody's affirmed the company SGL-3 rating due to its improved balance sheet cash and new credit facilities. Moody's also modified the loss given default assessments on the company's debt.

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