New York, May 24, 2016 -- Moody's Investors Service downgraded the Corporate Family Ratings (CFR) and the Probability of Default ratings of Kronos Worldwide, Inc. (Kronos) to B1 from Ba3 and B1-PD from Ba3-PD, respectively. Other ratings downgraded at this time include the Senior Secured Term Loan of Kronos to B2 from B1. The Speculative Grade Liquidity Rating of Kronos is unchanged at SGL-3. The outlook on the ratings is negative. These actions conclude the review begun on January 27, 2016.

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