Spinning Sector Overview

SPINNING | RATING CURVE 8 • PACRA rates ~2,141,000 spindles or ~19% of the total operational spindles. Spinning | PACRA vs. VIS 10 8 6 4 2 I 2 4 9 7 5 4 2 2 3 0 0 0 0 0 0 AA+ AA AA- A+ A A- BBB+ BBB BBB- BB+ PACRA VIS 0 0 0 88 BB BB- B+ PACRA Source: PACRA Database

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