EFTA01385398.pdf

wnoes 4ueg etiOnneCj Figure 12: Relative Valuation - Hospitals I I 63 -4 -4 t— or Star MIMI Piet DAR 0 Bead Dneelpelea Osepe• Malty Matesky yllp Pasedres SY Prise YTII 977 Y7W Date =WA /EMMA 11V/ UNIDA c 2Zg ?. owl • Community Meats ICYle) 5125% 1st Lien Bonds 03131421 51.000 Baš 8. 91155 8.31% 622 0601/21 $1056 4.6x 89x ri Community Health 1CYH) Community Heal% ICYH) 5250% 8000% 1st Lien Bonds Senior Notes (7331423 11/6419 13.100 $1.926 Bal ess2 8. CCC 90250 1167% 84600 17.91% 628 1.006 0331/23 11/1519 $1556 $1.556 It 8.6.x 894 891 -9: 0 8 Community Health ICYH) 7.126% Senor Notes Senor Notes 021520 $1.200 Caa2 CCC 74320 20.40% 1143 0216420 $1.656 8.6x 894 3$- Community Health ICYH) 6815% 02/0122 S3.000 Caa2 CCC 59 203 22.49% 2.033 020122 $1.556 8.6x 8.% •=j MCA Healthcare (HCA) 3.760% 1st Lien Bonds 0315419 $1.600 841 888- 101.095 284% 107 031519 $8.077 28x 8.424 HCA Healthcare INCA) 4260% 151Lien Bond* 10/1519 $600 Bat BBB- 102087 306% 119 1016/9 93.077 2.44 804 HCA Healthcare MCA) 6500% 1st Lien Bonds 02/1520 13.000 Bat BBB. 105656 329% 137 0241520 91077 204 8 Or HCA Heakhcare MCA) 5876% 1st Lien Bonds 031522 $1.350 Ben BBB. 107.075 4.06% 189 ovisaa 18,077 18x 804 MCA Healthcare MCA) 4.750% 1st Lien Bonds 0501423 $1.250 841 888- 103920 394% 165 05.01/23 93.077 2.8x 8.044 HCA Healthcsre MCA) 5000% 1st Lien Bonds 0341524 12.000 841 888- 104875 4.11% 176 031624 58077 2.84 8.04 fa HCA Healthcare MCA) 5260% 1st Lien Bends 041526 51.400 Bel 888- 106120 4.28% 187 04/1525 16.077 2.8x 804 HCA Healthcare 04CA) 5250% 1st Lien Bonds 03/15426 51.500 Bat 888- 106220 4.33% 190 12/525 91077 2.0:4 804 0 MCA Healthcare MCA) 4.600% 1st Lien Bonds 02/1527 $1.207 8.1 888- 101-200 4.33% 188 062626 99.077 2.8x 8 0/ 0 MCA Healthcare INCA) 5600% 1st Lien Bonds 0615/47 $1.600 Elea BBB- 100.000 5.60% 550 12/1546 10.077 2.8x 804 HCA Healthcare (HCA) 6.260% Sensor Notes 02/1521 $1.000 81 8. 107.000 389% 188 02/1821 58077 4.04 8134 HCA HeilithatO (HCA) 7.500% Senior Notes 02/1522 $2.000 81 Bs 115204 367% 141 021522 68.0T/ 4.04 80' HCA Healthcare MCA) 5876% Sensor Notes 0601423 $1.250 81 54 107.260 4.35% 377 01 101/23 58.077 4.04 82. HCA Healthcare INCA) 7.500% Sensor Notes 12/1523 $136 81 B. 112750 5.03% 270 121523 91077 4.0x 804 HCA Healthcare MCA) 8360% Senior Notes 0441524 $160 81 B4 119.642 478% 242 041524 18.07) 4.04 8.4 HCA Healthcare MCA) 5375% Sensor Notes 020125 52.600 81 Bs 103420 481% 240 0201/25 $8.077 4.0x 804 HCA Healthcare INCA) 7.690% Senior Notes 05/1525 $291 51 54 111.580 578% 336 061525 58.077 4.04 804 HCA Healthcare MCA) 7.680% Sensor Notes 09/1525 $125 81 84 114000 537% 294 0911525 91077 4.0x Et% MCA Healthcare MCA) 5976% Senior Notes 021633 51.600 81 B. nazi* 4.90% 248 081525 $8.077 4.04 8.04 MCA Hal thcare MCA) 7.050% Senior Notes 12/0127 $150 81 84 109 533 573% 346 804 MCA Healthcare INCA) 7.500% Sonar Notes 1105433 $250 51 B. 111.648 614% 374 1 11t33 2 1/27 11.,077 4 ..0x 04 80x MCA Healthcare MCA) 7.750% Senior Notes 07/1503 $100 81 8. 111500 650% 396 0215/36 18.077 4.04 8.04 HCA Healthcare MCA) 7.930% Senior Notes 11/1596 1200 81 84 102500 7.32% 441 11/1695 $8.077 4.0x II.Co LilePoint Health ILIVNTI 5500% Senior Notes 12/01.21 51.100 Bat BB. 102640 4.06% 244 12.01/18 $773 3.5x 6.14 LifePornt Health 09NT) 5876% Savor Notea 120123 1500 842 88- 102197 526% 312 1201/21 $773 3.5x 8.14 LifePoint Health 1123471 5176% Senior Notes 060124 $600 842 BB- 18490 566% 330 0601/24 5773 3.5x 6.14 Quorum Health 10VOHEAl 11.625% Sneer Notes 04/1523 WO Caa2 CCC 90999 11.88% 960 041523 $124 10.2x 1164 RegiccalCare IROCARE) 8260% Senior Notes 060123 1800 Si 8 106006 8-66% 447 050122 Tenet Healthcare ITHCI 4,750% 1st lien Bonds 0501420 $500 Baš BB. 102500 368% 173 0601/20 81217 2.64 7.50 Tenet Healthcare ITHCI 6000% 14 Lie Bonds 100120 11.900 Oa 88- 105 000 an% 174 1001/20 $2217 2.84 724 Tenet Heakhcare 1714C) 4.603% 1st Lien Bonds 040121 5060 Be 55- 101.250 4.09% 204 0401/21 52.217 2.84 7.94 Tenet Healthcare 1114C) 4.375% 1st Lim Bonds 100121 11.050 Baš BB- 100157 4.33% 222 molar *2,217 2.84 7.94 Tenet Healthcare ITHCI 4.625% 1st Lien Bonds 07/1524 51.870 8.3 8: 97.770 502% 285 07/1624 217 2.84 7.244 linde Hera hears( ) 7. 2nd Lion ds 01/01/22 863 8- 106000 330 01.01/19 $2217 174 7.24 Tenet Healthcare 171-10 513% 2nd Lien Bonds 060125 $1.410 543 5. 98376 539% 298 0501/25 *2,217 174 7.24 Tenet Heakhcare ITHCI 5003% Senor Notes 0301.19 $22 WR NR 94875 511% 336 0301/19 51217 6.5x 7.24 Tenet HeakhcareITHCI 5600% Senor Notes 02009 5437 Cal CCC. 101.750 398% 222 0301/19 62217 6.54 7.24 Tenet Healthy**, ITHCI 6750% SeisOr Notes 0247120 1300 Cal CCC. 103183 515% 324 02401/20 52.217 6.54 724 Tenet Healthcare (NCI 8125% Senior Notes 040122 12.799 Cal CCC. 102030 7.67% 539 04.0122 52217 65x 7.24 Tenet Healthcare ITHCI 8750% Senior Notes 08/523 11.898 Cal CCC. 98220 7.60% 530 0615/23 $2217 6.5x 7.2' Tenet Healthcare ITHCI 7.000% Senor Notes C(101425 WO Cal CCC. 94500 7.97% 555 0601/26 $2217 654 7.24 Tenet Healthcare ITHCI 6875% Sensor Notes 11/1531 $430 Cal CCC. 81 200 9.30% 674 11/1531 *2.217 654 72x Universal Hearth ScevicalUHSI 1750% 1st Lim Bonds 06/0119 $300 8.1 888- 101.000 111% 128 00.01/19 Universal Health Services IVHSI 4.750% 1st Lien Bonds 003.01422 $700 8.1 WS 103030 362% 169 0601/19 Unnerved Metah Services IUHSI 5000% Senor Not.. 0601.26 $400 Bel WM. 103600 4.38% 271 0601/24 Sane Deurldaint fibenbeep Anne LP. Sol Cep*" OnefOlunif '0 CO 00 CO CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0086682 CONFIDENTIAL SDNY_GM_00232866 EFTA01385398