QUESTION: Per my conversations with Credit, the referenced counterparty is the New Jersey incorporated sub of a German company, a liquids based counterparty, and they are an eligible swap participant. We do not have a master agreement in place with them. I am approving them for all financial trading.
Propose a subject line for this email?
ANS: Helm U.S. Chemical Corporation
Paul: Laurel Adams told me that you would provide me with a name and phone number of someone at Chase for purposes of negotiating the global custody account. Do you have any information? Thanks.
Q: What is a potential subject line for this email?
answer: Chase custody account
Bob: Attached is a draft "forward template" for circulation by Enron Corp. to potential counterparties. I based the template on the Lehman Bros. forward transaction (which I will fax to you separately). Per our discussion, please take a look at the template from Enron's viewpoint and suggest improvements, comments, etc. Enron Corp. has a potential counterparty in the wings and I would like to send out the template tomorrowl Please call me with your questions. As always, thanks for your help. Sara
Answer: Enron Corp. "forward template"
Here is an email: Tana - I spoke to Joe Wright at APB this morning. Here is the rub on this matter: - APB has a $500K LC outstanding to cover the US trading - Norwegin Energy Brokers - AS is a brokerage house trading in Nordic/EU areas (mostly in Scandinavian countries) - First Energy Brokers - AS was formed by NEB for purposes of trading in the Netherlands (not sure of the timing) - NEB owns a large stake in FEB, but not all of the entity. - APB is currently a 23% owner of NEB (thus indirectly owning a piece of FEB) - APB is looking to purchase the balance of the ownership of NEB which is CONFIDENTIAL (seeking to close sometime later this month) - Joe indicated his thought that, post-NEB purchase, there is a good chance that NEB and FEB will be merged - Joe also indicated that it would not be a problem for the APB LC to be expanded to these entities - if this is what credit would need. I do not know if we have any history with either NEB or FEB, but I am sure we need to talk to credit to figure out what is needed in order for the trading to take place. Can you follow this up or do you want me to do so? Thanks.
What is a potential subject line for this email?
A: Norwegin Energy and First Energy
Q: Here's what I have on the open issues/ to do list: Resolve shipping/delivery obligations in accordance with option agreement; conform contract Confirm pricing Add schedule of delivery dates Finalize assignment language (I sent Mike an email with a question about their request) Agree on effective date: suggest signing date be whatever it is (hope for tomorrow) with effective date being the last day of last option Need estimated price per month to store (a request from Finance for budget purposes) Verify sales tax exemption with WestLB (doesn't require ABB involvement, nor does it need to be done before contract is signed) Need assignment of option (Finance to provide - no ABB action, I'll follow up) Kathy: do you have anything to add? Are there any technical details left to resolve? Ben, anything to add? I'll send a cleaned up version to Mike tomorrow am. Thanks,
Propose a subject line
A: ABB to do list
Here is an email: I just spoke with Miriam Radich (Tiger's lawyer) and advised her of ECT's name change effective 9/1/99. She advised that she will revise our docs TOMORROW. Also, we will send a new blackline guaranty to Tiger (terms previously agreed) to reflect name change. Per: It may take several days to have the guaranties executed by Corp. You need to give Marie advance notice on that front. SS
What is a potential subject line for this email?
A:
Tiger