able Of Contents Building Product Outlook 3 Chemicals Outlook 20 HY Energy Outlook 44 Gaming and Lodging Outlook 67 Healthcare Outlook 107 Media / Business Services Outlook 138 Retail, Consumer and Food Outlook 159 Steel Industry Outlook 174 Telecom, Pay-TV, and Satellite Outlook 207 Page 2 Deutsche Bank Securi

3 January 2018 HY Corporate Credit HY Multi Sector.Media. Cable & Satellite Media / Business Services Outlook Aaron Watts, (+1) 212 250-2592, [email protected] Angeline Mathew, (+1) 212 250-3328, [email protected] 2017 Recap / Initial 2018 Summary Ou