BK 4.50 06/20/23 921/4-931/4 5.692 4.865 + 246 Q C 6.30 05/15/24 971/4-98 6.691 6.462 + 342 Nxt Call B h A Px B YTC B CUR Floats Notes C 6.125 11/15/20 1001/4-100% 6.007 6.095 + 447.8 MKt 5x2 C 5.95 N 08/15/20 981/4-99 6.318 6.041 + 409.5 C 5.95 01/30/23 97%-98% 6.365 6.095 +407 C 5.95 05/15/25 95%-95% 6.651 6.255 + 390.5 Mkt 3x2 C 5.90 02/15/23 97%-98% 6.312 6.044 +423 C 5.875 03/27/20 98;4981/4 6.372 5.987 + 405.9 Mkt 3MM C 5.80 11/15/19 97%-981/4 6.449 5.934 + 409.3 C 5.35 05/15/23 931/4-941/4 6.459 5.722 + 347 COF 5.55 06/01/20 99%-1001/4 5.613 5.564 + 380 FITB 4.90 09/30/19 93%-94% 6.764 5.227 +313 Q FITB 5.10 06/30/23 90%-91% 6.668 5.620 + 303 GS 0 12/18/15 711/4-72% 582.643 5.585 + 76.75 Nxt Call B Px A Px B YTC B CUR Floats Notes GS 5.375 05/10/20 99%-99% 5.566 5.416 + 392 GS 5.70 05/10/19 100%-101 5.619 5.686 + 388 JPM 7.90 04/30/18 102%-103% 6.604 7.679 + 347 S 3MM JPM 6.75 02/01/24 1071/4-1081/4 5.595 6.279 + 378 JPM 5.00 07/01/19 961/4-971/4 6.092 5.181 + 332 JPM 6.10 10/01/24 100%-1011/4 5.988 6.055 + 333 JPM 6.125 04/30/24 100%-1011/4 6.010 6.079 + 333 PM 5.15 05/01/23 951/4-96 5.948 5.407 + 325 JPM 6.00 08/01/23 1001/4-101% 5.916 5.970 + 330 PM 5.30 05/01/20 991/4-100 5.427 5.327 + 380 MS 5.55 07/15/20 99%-991/4 5.703 5.585 + 381 S 2MM MS 5.45 07/15/19 971/4-98% 6.302 5.604 + 361 S 3MM Nxt Call B Px A Px B YTC B CUR Floats Notes PNC 4.85 06/01/23 94-95 5.846 5.160 + 304 Q PNC 6.75 08/01/21 108-109 5.112 6.250 + 368 STI 5.625 12/15/19 1001/4-100% 5.589 5.618 + 386 STT 5.25 09/15/20 100%-100% 5.218 5.243 + 359.7 WFC 5.875 06/15/25 104%-1051/4 5.237 5.609 +399 WFC 7.98 03/15/18 106-106% 5.195 7.528 + 377 WFC 0.00 12/18/15 97%-97% 44.251 5.720 + 93 WFC 5.90 06/15/24 1011/4-101% 5.713 5.827 + 311 From: Daniel Sabba Sent: Tuesday, November 17, 2015 3:16 PM To: Paul Morris; Vahe Stepanian Cc: Stewart Oldfield Subject: RE: [I] As discussed, we will socialize between us some HY bonds in addition to Petrobras.