| 3/31/2025 | HY | Market Commentary: Hertz notes positive; Gray Media paper better; older Xerox securities pressured
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| 3/31/2025 | DD | Market Commentary: Hertz notes turn positive; Gray Media paper better; older Xerox securities pressured
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| 3/31/2025 | BK | Gray Media amends revolver to up commitments to $700 million
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| 3/28/2025 | HY | Market Commentary: Xerox, Hertz, Gray Media distressed notes lower; secondary ‘sloppy’ in heavy volatility
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| 3/28/2025 | DD | Market Commentary: Xerox, Hertz, Gray Media distressed notes lower; secondary ‘sloppy’ in heavy volatility
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| 2/21/2025 | BKDDHY | Fitch pares Gray Media
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| 2/19/2025 | HY | Market Commentary: Bausch paper quiets on earnings news; Hughes Satellite bonds rally; Gray Media down
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| 2/19/2025 | DD | Market Commentary: Bausch Health quiets on earnings news; Hughes Satellite bonds rally; Gray Media down
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| 2/18/2025 | HY | Market Commentary: DISH softens; Hughes active; Gray Media slips; CCCs gauged for ‘three-peat’ potential
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| 2/18/2025 | DD | Market Commentary: DISH notes soften; Gray Media slips; CCC paper gauged for ‘three-peat’ potential
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| 2/11/2025 | HY | Market Commentary: Altice USA, CSC, Altice France soften on broadcast disputes; Gray Media declines
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| 2/11/2025 | DD | Market Commentary: Altice USA, CSC, Altice France notes soften on broadcast disputes; Gray Media declines
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| 2/5/2025 | HY | Market Commentary: WW International notes turn positive; Gray Media climbs; iHeartCommunications weakens
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| 2/5/2025 | DD | Market Commentary: WW International notes turn positive; Gray Media climbs; iHeartCommunications weakens
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| 1/31/2025 | HY | Market Commentary: Gray Media stronger on week with yields still firmly distressed; Herbalife lower
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| 1/31/2025 | DD | Market Commentary: Gray Media notes stronger on week with yields still firmly distressed; Herbalife lower
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| 1/30/2025 | HY | Market Commentary: Allen Media notes decline as stations rebuff Weather Channel takeover; Gray Media up
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| 1/30/2025 | DD | Market Commentary: Allen Media notes decline as stations rebuff Weather Channel takeover; Gray Media gains
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| 1/27/2025 | HY | Market Commentary: Hughes Satellite, DISH lower; Gray Media softens; junk refinancing concerns grow
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| 1/27/2025 | DD | Market Commentary: Hughes Satellite drops; DISH lower; Gray Media softens; junk refinancing concerns grow
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| 1/24/2025 | HY | Market Commentary: New issues draw away distressed bid; Michaels climbs; Gray Media higher; Viasat gains
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| 1/24/2025 | DD | Market Commentary: New issues draw away distressed bid; Michaels climbs; Gray Media higher; Viasat gains
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| 1/23/2025 | HY | Market Commentary: Scripps gives back half of secondary gains; Gray Media notes mixed; Nine Energy lower
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| 1/23/2025 | DD | Market Commentary: Scripps gives back half of secondary gains; Gray Media notes mixed; Nine Energy lower
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| 1/22/2025 | HY | Market Commentary: Gray Media continues streak higher; Sinclair Television lower; secondary bid grows
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| 1/22/2025 | DD | Market Commentary: Gray Media continues streak higher; Sinclair TV moves lower; secondary bid grows
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| 1/21/2025 | HY | Market Commentary: Gray Media notes extend gains; Michaels notes climb; Walgreens paper pressured
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| 1/21/2025 | DD | Market Commentary: Gray Media notes extend gains; Michaels notes climb; Walgreens paper pressured
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| 1/17/2025 | HY | Market Commentary: Gray Media picks up in heavy trading; ModivCare claws back losses; bond defaults start
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| 1/17/2025 | DD | Market Commentary: Gray Media paper active, trades up; ModivCare claws back losses; bond defaults start
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| 1/16/2025 | HY | Market Commentary: WW International notes lifted; Gray Media paper picks up; markets in ‘recovery phase’
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| 1/16/2025 | DD | Market Commentary: WW International secured notes lifted; Gray Media picks up; markets in ‘recovery phase’
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