EFTA01385491

Deutsche Bank Securities Inc 1Arireline Relative Value \ .., ,,,,,,,,, I' \.v(ai c.41 Flid *rite Rid 3Th* ra) BIdSTW /3811TC B14C- 1 t- <<r_ ,.,C) c CenayLink (Q4est Capka0 6 875% due 3328 CentutyLink tOwnt 04440 7 75%304 " I CentutyLink GI 5% due 349 352 358 230 Sr Notes Sr Notes Sr Notes — — WR/B, WR/13+ 112/B. — — T+3 T + 25 T+40 87250 /0150 100312 4,4 625 679 217 g' g 1"." 0 S E. n Es CelawyLink 5625% due 3320 I. Sr Notes B2/B+ — T+50 101.125 509 31,, 317 CersulyIank 645% due XC1 1,23 Sr. Notes — EC/Elt, 7+50 101.500 5% 391 391 CenturyLink 5.8%due 3= Centwytiak 6 75% due 3C3 1, 403 750 s Si Not SrSt Notes 12/ BI- 12 / EX- — — 7+50 7+50 98250 2000 63 7 17 413 416 412 485 CeolutyLink 7.5%due 324 CemuryLlnk 5,62% due 225 LO% 500 St Notes Sr. Notes — 82/ Be EC/B. 1/1/2024 I/I/325 103000 100000 99.750 9162 7 55 7.12 520 471 7.55 7.16 520 471 g t -entur) Lok 6875% due 3128 .42-5 Si Nok• .. B2/B+ .. 7433 92003 8.05 555 556 Rs CenonyIsnk 7.6%due 3:09 900 Si Notes — 12/ B+ — 7+50 89075 &73 601 603 Ceno.y Link 7.65% due %C 640 St Notes — — T+50 87438 892 615 618 anonnattl3ell 714 due 2024 25 St Notes 11012) B3 /B. 9152019 105250 99.030 7.19 482 1052 433 CM0VIMI3 Ba 8% due 2025 350 Se Notes HOLD B3 i B. 107 5^.320 1060G0 101.500 7.67 536 9.29 2.5 Watt" due 3013 550 Sr. Sec. Notes — BI /B. 4/157318 104303 98030 645 418 27.69 418 1.314i 825% <kle 223 13 10 Nr Notes — Ornat /L1C0- 4/157019 10412 97000 8.92 661 1381 661 Uniti7.12%due 224 600 Sf Nesa — Dul /CCC+ 1205/2019 105344 90750 8% 653 1516 654 Freolier 8 I 2% due 218 578 St Notes HOLD B3/B — 7+50 99875 827 663 663 Femner 7.12% due 3019 lOint F lit5. due YO3 43 619 St Notes Sr Notes HOLD HOLD B3 / B 93 / B — s. 7+50 T+50 9652 115030 10.12 15% 836 1,408 836 1,406 nonner I3875% due X® 304 St Notes 11011) %/B 6093320 103000 86030 1535 1,339 15.95 1.138 FRSgia 9 25% due fl l 490 Sr Notes HOLD B3/B — T+50 78500 17.73 1.567 1.566 Frontar 62.1%400 2021 775 St. Notes /101D B3/B 6/15/221 101000 72030 16.63 1.455 17.32 1.454 Fronten 8 75%4%122 500 ST Notes HOLD B3/B — 7 4.50 1810 1.554 1.595 Fanter 105% due 222 Routier 7 125% due 223 2.183 850 St Notes Sir Notes HOID HOLD B3/B Ø/B 6/15/222 - 101030 182 7+50 7603672813 1676 1,6% 1,451 18.64 1%7 1,450 Femner 7 2,5% due X% Froatiet 6875% due 3325 750 775 D Notes Si Notes HOLD HOLD B3/B B3/ B - KY15/224 T+50 1010G0 65 ,43oe°235° :50 15.99 15.03 1.364 1.363 15% 1,364 1263 Dotta 11% due 325 3.5% Sr. Notes HOID 03/B 615/325 101000 16.98 1.455 17.10 1.456 Front*. 7 875% due 3027 346 Si Notes HOLD B3 /B - 7+50 67.125 14.51 1,331 1,205 Fronuer 9% due 301 945 Sr Notes HOLD BI / B - 7+50 14.65 1,331 1,210 OeneniCoatnunamiou 6 7% due 3311 32s Sr Not es HOM 133/ ES P' - 1 iflIS OC 2S0 167 (C."500 3.19 182 319 334 OenetalCoaratzuesocet 6875%due 3025 450 St. Notes Han B3 i 86 /*- 475/3320 20438 107.000 5.01 313 504 312 Levet 3 6 12% due 321 640 St Notes HOLD Be / BB 1/220018 01.531 101.750 3.00 163 103 185 L4.4135175% due X2 Lev el 3 5 25% due XC3 999 500 Si Notes St Notes 1101.D aD Ba3 / BR Da3 / DB 1/2218 03688 311328 (C813 101.250 101.000 457 5.12 276 324 31.2 2399 275 322 Leva! 35 125% dus 3023 OM Si Notes HOID Bal / ES 5/1/3318 CC 563 100610 485 293 1073 292 Larrel 3 5175% due 204 897 Sz Notes HOLD i!3/IB 1/19329 mas 103250 533 329 7.2 32 Leve135175% due 332 800 St Notes HOLD Hal /183 51/333) 2688 59.470 5.46 3% 6.70 306 lavel 3 5 2%dtt• 205 775 Se Notes HOLD Bal /DB 379321 262 97.750 559 315 678 316 West C0,4'75% due 3921 343 St Notes — Be/Ern visrme tars 101 t55 402 tat 516 207 West Corp 8,5% due 325 1.150 Sr. Notes — B3 / CCC4 1075= 011250 98375 8.79 636 102 637 Weidstream 7.75% due 3320 493 SI . Note* HOLD ®/B 1=318 01.292 86%0 13.91 1,197 2176 1,196 Wthdstreffiza 775% dua 321 628 Sr Notes 133/B 1/=318 2583 77250 1622 16.00 1,393 45136 1392 %Mattene 7 5% due = 1,Vinclatmani6 375% due 2023 274 586 Sr Not es Si Nola H 1100L.D / C" LO11. B3 /13- 1 /2r2018 2.0/3318 0(4750 oms* 75 0% 65250 15 50 1.333 537.04 1.370 584.79 1.332 1.370 Wiidozamatt.75% due 2024 833 Sr No ka HOLD B3 / 1 319202 025% W519 16 20 1 18,77 1.381 Wildetream8.63% due 312 600 Sr. Notes HOLD 1031(3320 06.469 96500 935 .380 663 11% 034 Zayo 0% due 3323 Zayo 6 375% due 225 2ayo 5 ?5,. due 227 1,4% 900 1.650 S5r. Ne4 otes " Si Notes — — — Bl / B 133 ; :33 40/2018 57 92020 I 1, 7022 045% 01188 er, 10620 17 ( e ,12, , 4.2 4134 t 40 29 7.03 293 484 Ul <Kl 299 291 vq Smm 13~.• åa* Mest yl &reg 1.11: SEC Ild OMIP•V Mage CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0086777 SDNY_GM_00232961 EFTA01385491