Sao Paulo, February 10, 2015 -- Moody's América Latina ("Moody's") downgraded Mills Estruturas e Serviços de Engenharia S.A.'s ("Mills") global scale local currency ratings to Ba3 from Ba2. At the same time its national scale ratings were downgraded to A3.br from Aa3.br. The outlook for the ratings was changes to negative from stable.

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