FTI Consulting, Inc. -- Moody's affirms FTI Consulting's Ba2 CFR; downgrades senior notes to Ba3

New York, August 17, 2015 -- Moody's Investor Service affirmed FTI Consulting, Inc.'s ("FTI") Ba2 Corporate Family Rating (CFR), Ba2-PD Probability of Default Rating and SGL-1 speculative grade liquidity rating. Moody's downgraded the ratings for FTI's$300 million of senior unsecured notes due 2022 and $400 million of senior notes due 2020 to Ba3, from Ba2. The ratings have a stable outlook. The downgrades were prompted by the company's expected use of borrowings under its upsized revolving credit facility to fund the announced cash tender offer for its outstanding $400 million of senior unsecured notes due 2020. Moody's will withdraw the rating for FTI's senior notes due 2020 upon full repayment of the notes.

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