Exhibit 1

Joint Filing Statement

Pursuant to Rule 13d-1(k)(1)

The undersigned hereby consent and agree to the joint filing of Schedule 13G Amendment No. 1 under the Securities Exchange Act of 1934, as amended, with respect to the Ordinary Shares, no par value, of SunEdison Semiconductor Limited, together with any or all amendments thereto, when and if appropriate. The parties hereto further consent and agree to file this Joint Filing Statement pursuant to Rule 13d-1(k)(1)(iii) as an exhibit to Schedule 13G Amendment No. 1, thereby incorporating the same into such Schedule 13G Amendment No. 1.

This Joint Filing Statement may be terminated by any of the undersigned upon written notice or such lesser period of notice as the undersigned may mutually agree.

Dated: February 4, 2016	COLTRANE ASSET MANAGEMENT, L.P.
	By:	/s/ George Cairoli
		George Cairoli, Chief Financial Officer
	COLTRANE ASSET MANAGEMENT HOLDINGS, LTD.
	By:	/s/ George Cairoli
		George Cairoli, Authorized Person
	COLTRANE MASTER FUND, L.P.
	By:	/s/ George Cairoli
		George Cairoli, Authorized Person
	COLTRANE GP, LLC
	By:	/s/ George Cairoli
		George Cairoli, Authorized Person
	MANDEEP MANKU
	By:	/s/ Mandeep Manku