v41): 123bp Current (CPN 7.875% 2020): 5800p Current (HY BB): 438bp Current Price (CPN 7.875% 93208 108.50 Spread (bP) 6. a a. 91 z a (9; Avg Diff. -CPN 7.675%2020 -HYBB Difference (bp) CPN 7.875%2023 vs. HY BB sowc• a Morgan Tight: 16bp Wide: 130bp Average: 60bp Current dill. (09Nov4

BB Sixeild (DP) 1600 Sotoce:B. Sorgen 424bp 7): 947bp bp 2617E 90.00 - -650 I re ggele e" ele e 7. :;: 7i 7573SsA‘t" ais-x-R.ROa I efence Avg Diff. —GEN 7.675% 2017 —HV Split BB 1400 1200 1000 800 600 400 200 0 -350 1600 1400 1200 1000 800 600 400 200 -450 0 - 7 -- 7 - ate