ital Partners 11 PROPRIETARY & CONFIDENTIAL EFTA00615023 C-III Financial Projections Summary $ in millions 2H2015 2016 2017 2018 2019 &HI Cap Esc (Bond Investments) Defensive Bond Acquisition Expenditures $5.0 55.0 55.0 S0.0 S0.0 Offensive Bond Acquisition Expenditures 3.0 4.0 3.0 0.