EFTA01385405.pdf

3 January 2018 HY Corporate Credit HY Multi Sector.Media. Cable & Satellite iFigure 19: Community Health Systems (CYH) OmmitemIty Meath %Vim,(OM wow thk net int Market Create FY FY 03 03 % HoemalgedI Value Normalized' 04 FY FV S mm 2015 2036 05/30/16 03130/17 Chant, 03/30/17 of Debt 05/30/37 12/31/17 3217 20% Revenue 22564 14438 4,380 3,666 .163% 16.765 16.765 3146 15.912 14844 (119.4 1670 2225 455 371 -202% 1,556 1.556 Cl 1,761 3.667 latent" 973 962 233 238 21% 938 938 230 936 919 Tams 116 11043 1291 (591 1014% (371 137) - 174) 10 Capes Ondu6es Other bivestme.151 1.154 966 242 319 .21.9% 747 747 252 775 750 FCF Belpre WorkingGoital and 011rt 423 361 19 3 (921 192) 154) 124 1121 FCF as %Net Debt 23% 2.5% 01% 47% 48% -18% 09% 41% EMMA% 11.6% 121% 106% 101% 13% 9.314 317% 11.0% 11.2% EEITDA/Interost 2.7. 2.3s NA 16. 1.7. Lb 1.9. 1% am Net Secured Dobt/E517134 4.0. 40, NA 5 Dr ♦8. 49. 4.32, 4.2s 4.44 Total Debt/E8ITDA 6.4. 69. NA 9.4. AO. 7k 83. 7.94 93. Net Oebt/FINTDA 6.3. 6.7). NA 99. tea 718 7.8). 7.6. Casks 184 238 NA 390 393 593 616 616 535 Availability NA 955 NA 866 866 866 866 866 WA UouldrtY NA 1193 NA 1456 1.456 1456 1462 1,492 1.401 Seared Debt 14836 9.203 NA 7595 7,9)5 7,593 7164 7,964 7,938 Total Debt 17661 15,244 NA 13,941 11941 119143 13,930 15930 13,8234 Net Debt 16167 15606 NA 13,351 13.351 11.103 12314 13.314 3349 Debt %maw. $739 mm Rowlett WO) due 011Z7121 NA 110 NA - 8:0 5103mm Term A loan 1.275clue 01/27/19 NA 745 NA - - 132 • . • • SY= mm Term 6 tom 1..275 due 12/31/19 NA 1410 NA 1669 1059 it 1059 LOS5 1.(65 1.019 PM men Term II lean tr3COdue 01/27/21 NA 2776 NA 1941 1941 It 1,941 1934 1,934 1.901 $0:0 mm 5.125%Seave0 Bond 4008/01/21 NA 972 NA 160) 1603 91 9:8 L000 MO 1.0:0 53160 min 925% Secured Eked due 3/31/23 NA NA 3, 300 3,300 9) 2.733 3.160 3360 3100 Removable tacitly NA 675 NA 532 532 100 512 532 532 532 Capital Lewes NA 328 NA 308 308 100 3% 306 303 301 Other NA 74 NA 55 55 ICO 56 55 SS 55 TaalWound Debt 10136 9,203 NA 7,995 71% 7,593 7.934 7,98.1 7,938 51925 m.6 8%6044 Ove 11/15/19 NA 3.920 NA 1.925 1.925 115 1.641 1.925 1.925 1925 MO refs 7 US(Bowl duo 07/15/20 NA 3.189 NA 1.203 1,200 75 903 110 1.203 1200 $3000 mm 6,675% Bond due 02/01/22 NA 7.932 NA 3,000 3603 SI 1,7e0 30:0 3.0:0 3.010 Unamorored Deterred Debt Issuance Costs antl Note Premium NA NA (3791 13791 10) 1179) 1179) 1179) 11791 Teal Debt 17,051 15.244 NA 11,931 11941 11.6% 13130 13.930 1311 Framed /Other Saw %mei CM 114 III NA 317 112 112 112 312 312 Share Pnce 5 2163 5 159 NA 5 400 5 400 4(0 5 S 403 5 400 5 460 Market Can 2.499 620 NA 448 448 448 448 448 448 ITV 19,366 15626 NA 13,799 13.799 114% 13,762 13,762 11797 TEV/831194 7.3. 70. NA 9.3. i 8k) 7.4. 8.0, 7 31.) 834 1. 9001.144,4 bawddnIN17e.0etted 41311041.11815171mm Were humane mood ler 0317 and $417 rnmfor 0007 Mud. reeds the mollont of 0717 mattamoe Sane 04.4wheakat emf Comma, CMobaree Page 130 Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0086689 CONFIDENTIAL SDNY_GM_00232873 EFTA01385405