Research Industry and Issuer Coverage LOS ANGELES 10100 Santa Monica Boulevard Credit Trading Desk Analysis Coverage Los Angeles, CA 90067 (310) 246-3700/(800) 929-2299 As of November 1, 2018 NEW YORK 277 Park Avenue Capital Structure, Publishing and Desk Analysis New York, NY 10172 Head of Institutional Research Group, (212) 351-9700/(800) 371-7087 ° Edward P. Mally, CFA Distressed/Special Situations/Event-driven LONDON Security/Technology/Chemicals/Industrials Imperial Capital (International) LLP Metals/Mining, Paper/Forest Products/Packaging, One Eagle Place ° Kevin Cohen, CFA London SW1Y 6AF Publishing/Printing/Internet +44 (0) 207 650 5400 ° Matthew Farwell, CFA Coal, Energy/E&P, Independent Power Producers Consumer/Retail, Food/Restaurants BOSTON ° Mary Ross Gilbert, CFA 265 Franklin Street ° Kurt M. Hoffman Distressed/Special Situations/Event-driven Desk Boston, MA 02110 Analysis (617) 478-7600/(888) 478-9696 ° Peter Kawada European Distressed/Special Situations Desk Analysis CHICAGO ° Menelaos Tzagkournis European Distressed/Special Situations Desk Analysis 200 South Wacker Drive Chicago, IL 60606 ° Megan Barnett Associate (312) 674-4721 ° Booker Smith Associate HOUSTON 1330 Post Oak Boulevard Credit Trading Desk Analysis Houston, TX 77056 ° Jonathan Glionna, CFA European and International Banks (713) 892-5601 ° David Havens Global Insurance and Domestic Banks MINNEAPOLIS Amy Hazelton European and Domestic Bank Hybrids, Industrial Hybrids 60 South Sixth Street ° Minneapolis, MN 55402 ° Eriko Miyazaki-Ross Emerging Markets Corporates (612) 692-6900 PALM BEACH Equity and Industry Analysis 3801 PGA Boulevard Palm Beach Gardens, FL 33410 ° Michael Derchin Airlines/Transportation and Related (561) 214-7901 ° Irene Haas Energy (Exploration and Production) SAN FRANCISCO ° Adam Hackel Airlines/Transportation and Related One California Street ° George Kelly, CFA Consumer San Francisco, CA 94111 (415) 615-4000 ° Jeff Kessler Technology Enabled Services ° Saliq Khan Technology Enabled Services STAMFORD 1 Landmark Square ° David W. Miller Media/Entertainment Stamford, CT 06901 ° Jason Wangler Energy (Exploration and Production) (203) 428-3300 Energy Services ° Claire Ye Associate, Energy (Exploration and Production) www.imperialcapital.com Member FINRA and SIPC Imperial Capital, LLC Industry and Issuer Coverage Assignments Airlines and Transportation and Related (Equities) 19 Companies ° Air Transport Services Group ° Hawaiian Holdings, Inc. Michael Derchin ° Alaska Air Group ° JetBlue Airways Corp. [email protected] ° Allegiant Travel ° Mesa Air Group (212) 351-9793 ° American Airlines Group ° SkyWest Airlines ° Atlas Air Worldwide Holdings, Inc. ° Southwest Airlines Co. ° Controladora Vuela Compania Aviacion ° Spirit Airlines ° Copa Holdings SA ° United Continental Holdings ° Delta Air Lines Adam Hackel ° Amadeus IT Group ° Sabre Corp. [email protected] ° Construction Partners ° Travelport Worldwide (212) 351-9413 Chemicals 8 Companies ° Chemours Company ° Ineos Group Holdings Edward P. Mally, CFA ° Cornerstone Chemical Company ° MPM Holdings [email protected] ° FMC Corp. ° Perstorp (212) 351-9768 ° Hexion Inc. ° TPC Group Coal, Fertilizers, Independent Power Producers and Energy Services/Industrials 54 Companies ° Alliance Resource Partners ° K+S AG Matthew Farwell, CFA ° Alpha Natural Resources Inc. ° LSB Industries, Inc. [email protected] ° Arch Coal Corporation ° Marathon Petroleum Corp. (310) 246-3626 ° Armstrong Energy, Inc. ° Murray Energy ° Aventine Renewable Energy ° New World Resources N.V. ° Bibby Offshore ° North Atlantic Drilling Ltd. ° Bluewater ° NRG Energy ° CF Industries Holdings, Inc. ° Pacific Drilling S.A. ° Carillion plc ° Patriot Coal Corporation ° CGG ° Peabody Energy Corporation ° Cloud Peak Energy ° Petroleum Geo-Services ° CONSOL Energy ° PPL Energy Supply, LLC ° Corral Petroleum Holdings (PREEM) ° Rockpoint Gas Storage ° DTEK Holdings Inc. ° Renewable Energy Group, Inc. ° Dynegy, Inc. ° Rowan Companies plc ° Edison Mission Holdings ° Seitel, Inc. ° Energy Future Holdings Corp. ° Shelf Drilling Holdings, Ltd. ° Entegra Power Group, LLC ° Suncoke Coal Corporation ° FirstEnergy Solutions ° Teck Resources Ltd. ° Foresight Energy, LLC ° Valero Energy Corporation ° GenOn Energy, Inc. ° Viridian ° Green Plains Renewable Energy ° Walter Energy ° GT Advanced Technologies Inc. ° Warrior Met Coal, Inc. ° Homer City Generation L.P. ° Weatherford International ° InterGen N.V. ° Welltec ° James River Coal Corporation ° Westmoreland Coal ° KCA Deutag ° Xinergy Corporation Consumer 12 Companies ° 24 Hour Fitness Worldwide, Inc. ° Harland Clarke ° Acosta Marketing, Inc. ° High Ridge Brands, Inc. Mary Ross Gilbert, CFA ° Apex Tool Group, LLC. ° Iceland Foods Group Ltd. [email protected] ° Cengage Learning ° Pyxus International, Inc. (310) 246-3757 ° Dutch Lion B.V. ° Revlon, Inc. ° Gibson Brands, Inc ° We Work Companies, Inc. Page 2 Consumer (Equities) 14 Companies George Kelly, CFA ° Acushnet Holdings Corp. ° Lindblad Expeditions [email protected] ° Brunswick Corporation ° MINDBODY, Inc. (212) 351-9476 ° Callaway Golf Company ° National Beverage. ° ClubCorp Holdings, Inc. ° Nautilus, Inc. ° Drive Shack ° Planet Fitness, Inc. ° Freshpet, Inc. ° Town Sport International Holdings ° Johnson Outdoors ° YogaWorks, Inc. Distressed/Special Situations/Event-Driven 173 Companies Kurt M. Hoffman (Desk Analysis) ° A123 Systems, Inc. ° Lumara Health, Inc. [email protected] ° Adelphia ° Luxfer Holdings PLC (561) 214-7914 ° Affinion Group Holdings ° Lyondell (stubs) ° Alcatel-Lucent Trust Preferred ° Mallinkrodt ° Allen Systems Group ° Marathon Oil ° Altegrity, Inc. ° Marsico Capital ° Amarin Corporation ° Mesa Air ° Ambac Financial Group ° MGIC Investment Corporation ° American Greetings Corp. ° MIG, LLC ° American Realty Capital Properties ° Mirant Corporation ° ARCP Common ° MPLX LP ° Aspect Software Group ° MonaVie Inc. ° Atlanticus Holdings Corporation ° Motors Liquidation (GM) ° Avanti Communications ° MPG Office Trust, Inc. ° Avaya Inc. ° NCSG Crane & Heavy Haul ° Baker Hughes Incorporated ° Nelnet Jr. Subordinated Hybrids ° Blueknight Energy Partners ° NMI Holdings ° CDC Corporation ° Novatel Wireless, Inc. ° Chelsea Therapeutics ° Ocwen ° Cincinnati Bell Telephone Company ° Overseas Shipholding Group ° Civeo Corporation ° Par Petroleum ° C&J Energy Services ° pbb Deutsche Pfandbriefbank ° Cobalt International ° Permian Tank & Manufacturing ° Cole Real Estate Investments ° Petroplus Holdings AG ° Colt Defense LLC ° PHI Inc. ° Concordia International ° Pioneer Energy Services ° Cooper Tire & Rubber ° PMI Group, Inc. ° CoreLogic, Inc. ° PR WIRELESS, INC. ° Crestwood Midstream ° Primus Telecommunications ° Dendreon Corp. ° Quebecor ° DigitalGlobe Inc. ° Quiznos ° Doral Financial Preferred ° Radian Group ° Dulles Greenway Toll Road ° Redwood Trust ° Dynagas LNG Partners ° Residential Capital ° Energy Future Holdings ° Retail Value, Inc. ° Enova International ° Romacorp. ° Erickson ° Royal Imtech NV ° Forbes Energy Services ° SAExploration ° Garden Fresh Restaurant Corp. ° Samson Oil & Gas ° Gazprom ° Sanofi CVR ° General Motors ° Seacore Marine ° GeoKinetics Inc. ° School Specialty ° Global Power ° Select Income REIT ° Gramercy Capital Corp. Preferred ° SMART Technologies Inc. ° GSV Capital Corp ° Smurfit Stone (stubs) ° Gulfmark Resources ° Spanish Broadcasting ° Harbinger Group Inc. ° Stallion Oilfield Services ° HC2 Holdings ° Star Scientific Tobacco Escrow Page 3 Distressed/Special Situations/Event-Driven (continued) Kurt M. Hoffman (Desk Analysis) ° Hornbeck Offshore ° Stratus Technologies [email protected] ° Hostess Brands Inc. ° Sungard Availability Services (561) 214-7914 ° Imperial Holdings Inc. ° Syncora Guarantee Inc. ° Imtech Capital B.V ° Thomas Jefferson Law School ° Integra Telecom ° THQ, Inc. ° Intelsat SA ° Tidewater Inc. ° IVG Immobilien AG ° Town Sports ° Jason Industries, Inc. ° Trident Holding Company, LLC ° Jazz Technologies, Inc. ° United Subcontractors, Inc. ° KGen Power Corporation ° Valeant Pharmaceuticals ° KLX, Inc. ° Vantage Drilling ° Koosharem Bank Debt ° Washington Mutual ° KV Pharmaceutical Company ° William Lyon Homes ° LBI Media, Inc. ° W.R. Grace ° Lear Corp. (stubs) ° Yahoo!, Inc. ° Linn Energy ° Yellow Media, Inc. ° LodgeNet Interactive Edward P. Mally, CFA ° Abe Investment/Getty Images Inc. ° Montichem [email protected] ° Consus Real Estate AG ° New Look Retail Group LTD (212) 351-9768 ° Douglas/Kirk Beauty One GmbH ° Shop Direct Ltd ° Edcon ° Steinhoff International Holdings NV Menelaos Tzagkournis ° House of Fraser ° Sunshine Oil Sands [email protected] ° IKKS ° TES Finance +44 (0) 20 7650 5436 Matthew Farwell, CFA ° Capita plc ° Zim Integrated Shipping Services [email protected] (310) 246-3626 Kevin Cohen, CFA ° Ahern Rentals ° Exide Technologies [email protected] ° Airxcel, Inc. ° Expro Group (212) 351-9774 ° Algeco Scotsman ° Ferrellgas Partners, L.P ° American Axle &Manufacturing ° Floatel International Ltd ° American Commercial Barge Line ° Hertz Global Holdings, Inc. ° APTIM ° Hi-Crush Partners ° Armtec ° Husky ° Aryzta AG ° Koppers Holdings Inc. ° BigTex Trailers ° Loxam SAS ° Calumet Specialty Products ° Neovia Logistics ° CEVA Group ° Nesco Rentals ° Citgo Holding ° Remington Outdoor Company ° CMA CGM ° Selecta Group B.V. ° EA Partners ° syncreon ° Eletson Holdings, Inc. ° VistaJet Page 4 Emerging Markets (Credit Trading Desk Analysis) 45 Companies