EFTA Document EFTA01385332

3 January 2018 HY Corporate Credit HY Multi Sector.Media. Cable & Satellite HY E&P approaching a "normal" sector in the new normal oil market In the first two years following the dramatic collapse in oil prices in 2H 14, E&P players were largely focused on structural changes to the business model which could fit into a restructured oil market. On the capital structure side, this included major efforts to repair the balance sheet via equity raise, conversion of debt to equity, some more