All: I have once again revised the confirm for the EBS Raptor deal. There will be only one swap transaction: Harrier I LLC/Talon I LLC. Please note the following changes: (1) the Initial Equity Notional Amount has been corrected (2) I have expanded the definition of Cash Dividends (3) I have ADDED a provison for "Payment Obligations" to avoid confusion for those of you unfamiliar with the 1996 Equity Definitions. Since I have removed the interest payment feature, the only payments changing hands will be upside/dividends and downside. The "Equity Amount Payer" pays the upside (difference between Initial Price (on the relevant Valuation Date) and Final Price) and dividends; the other party pays the downside. (4) I have retained the concept of multiple optional termination dates. (5) Kevin: I NEED the Harrier account/notice information. This confirm should serve as a template for additional Raptor equity share swaps so please review and comment. Thanks. Sara
Answer: Raptor swap
We have received an executed Letter Agreement in connection with the Interest Rate and Currency Exchange Agreement dated as of April 5, 1994 between ENA and The Chase Manhattan Bank ("Chase") (the "Chase Agreement") and the Master Energy Price Swap Agreement dated as of May 28, 1992 between ENA and Morgan Guaranty Trust Company of New York ("Morgan") (the "Morgan Agreement"). On November 10, 2001 (the "Merger Date"), Morgan will merge with and into Chase and will operate under the name JP Morgan Chase Bank. Upon the Merger Date (1) JP Morgan Chase Bank will succeed to all rights and obligations of Chase and Morgan, (2) all outstanding transactions between ENA and Morgan shall be governed by and subject to the Chase Agreement, and (3) the Morgan Agreement shall be terminated. Copies will be distributed.
Answer: JP Morgan Chase - Executed Letter Agreement
The information contained herein is based on sources that we believe to be reliable, but we do not represent that it is accurate or complete. Nothing contained herein should be considered as an offer to sell or a solicitation of an offer to buy any financial instruments discussed herein. Any opinions expressed herein are solely those of the author. As such, they may differ in material respects from those of, or expressed or published by on behalf of Carr Futures or its officers, directors, employees or affiliates. ? 2001 Carr Futures The charts are now in the most recent version of Adobe Acrobat 4.0 and they should print clearly from Adobe Acrobat Reader 3.0 or higher. Adobe Acrobat Reader 4.0 may be downloaded for FREE from www.adobe.com. (See attached file: opec.pdf)
Answer: opec basket of crude
Sara and Marie, Can you fax the ENA agreement to Bob Georgio, head of Customer Accounts, 212-325-1987, Fax 917-326-8030? I told him we got the ECT Investments back but have not seen the ENA since 7/6/01, when sent to CSFB, and have not gotten a response from CSFB on inqueries. He wants to take a look at it. The other contact I got was Marcel McNeal, 212-538-4415, Prime Broker accounts but we will try Bob Georgio first. Sheila
Answer:
CSFB ENA agreeement