n both steps down on Jan. 15, 2018 • SS5Orn 7.25% notes due 2025 remain in place - Ratings: Be/B1 cons rating/ BB/Ba3 RR1 - Books: DB (lead left), BAPIL. GS • NOTE: S&PGR Afrrns Rain Carbon 'Be' Rtg; Outlook Stable - Ship assigns 1313 tong term rating to proposed EU390m TLB Cp arc,. ulhome. a nem s