3 January 2018
HY Corporate Credit
HY Multi Sector.Media. Cable & Satellite
Performance Review
[Spread To Worst - HY Gaming. Et and CCC
2.000
1,800
1,600
1.400
1,200
2 1.000
I- 800
600
400
200
0
C) Ce) 0 cr sr to to us <O <O <O
4 eo 4 6,
2 A < < A a
A L 6',
< 0t
B CCC
San* liberals° FinanceII ere DaanntBent Ranh
_J
IYield To Worst - HY Gaming, B Ex-Energy and CCC Ex-Energy
18%
• 10%
▪-o 8%
6%
4%
2%
0%
IN CV O.4 C`,4 e) M C) Nt •rt an rn u) ie <0 (.0
b1 U
2 :c c a < 0 a 0
—Gaming —B Ex-Energy CCC Ex-Energy
aunt IlIocvnbarp Plume (PeedDaces Bent Resent
Deutsche Bank Securities Inc. Page 95
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0086654
CONFIDENTIAL SDNY_GM_00232838
EFTA01385370