EFTA Document EFTA01385414

3 January 2018 HY Corporate Credit HY Multi Sector.Media. Cable & Satellite 'Media vs. The US HY Index: SPREAD Comparison coo / ,te / .1 / - nd - -USO HY SR: Son Onset,* Bari Soatten RZMO Theettes - twig, nY IFIRTWALS - Pub/Prpnt/Sery USD NY CCCs On a total return basis for 2017 (January 2 through December 19), the US HY BB Index came in up -7%, the B Index at up -6%. and the CCC Index at up -10%. That compares to +6°/0 for TV, +1% for radio (+7% ex IHRT and CMLS), +6%