3 January 2018 HY Corporate Credit HY Multi Sector,Media, Cable & Satellite Capital Markets Activity Recap IFigure 27: Building Products: HY Use of Proceeds, 2017 LBO Dividend Vr 4% I% -- Refinancing Acquisition 1 15% ill‘ 15% Repricing 63% Figure 28: Building Products - Total HY Issuance, 2017 25 20 0 15 S 10 5 0 $21.9 $15.9 11 $8.4 2015 2016 2017 awn 0ftesthe IrtLCA Await Sant Dana** Sint LCD rasa 'Figure 29: Building Products: # of HY Deals, 2017 51 41 49 2015 2016 2017 $5.1 • Bond • Term loan 'Figure 30: Building Products: HY Issuance Figures. 2017 $21.8 $15.0 $26.9 2015 *VC* ANAVOSI ibet1CD. Reeder Sten raaMrt &MISS" Figure 31' Homebui€deis: HY # of Deals, 2017 11 8 23 2015 2016 2017 2016 2017 ,Figure 32: Hornebuilders: HY Total Issuance, 2017 $3.6 $3.9 $8.1 2015 San Danew Sr* WA AnSor Sean -St WO, FasSa 2016 2017 Page 14 Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0086573 CONFIDENTIAL SDNY_GM_00232757 EFTA01385289