EFTA01731459.pdf

From: Jeffrey Epstein <[email protected]> Sent: Monday, August 17, 2015 2:17 PM To: Richard Kahn Subject: Re: New Issue $25 Par Pfd have all the mortgage bonds currertly held listed ou= so that i can reivew. On Mon, Aug 17, 2015 at 10:15 AM, Richard Kah wrote: attached is new issue for Southern =al Edison with guidance of a 5.5% coupon you currently =ave this position in SFL account 40=A0 Purchase Quantity 5/31/15 6/30/15 Unrealized Asset Description Date Cost Value Value Gain (Loss) Southern Cal Edison 6.25%=C2* Dec 31 2049 1/30/12 3,000,000 2,994,600 3,433,750 3,389,604 395,004 please advise =/div> thank you Richard Kahn HBRK Associates Inc. New York, NY 10022 tel 212-971-1306=/a> fax cell Begin forwarded message: <=iv style="margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:=px">From: "Atla=, Andrew S" <[email protected] <mailto:[email protected]» Subject: New Issu= $25 Par Pfd D=te: August 17, 2015 at 9:32:12 AM EDT EFTA_R1_00004588 EFTA01731459  =div style="mar:in-top:0px;mar:in-ri ht:0px;margin-bottom:0px;margin-left=0px">To: —=ichard Kahn— >> Good=Morning Rich, New Issue preferred pricing today. Speak soon,=br>Andrew Issuer: SCE Trust IV Guarantor: Southern Cal=fornia Edison Company, a subsidiary of Edison International Company (EIX)<=r> Securities: Fixed-to-Floating Rate Trust Preference Securities Expected Ratings: Baal/BBBIBBB+ (Stable/Stable/Stable) Size= $300mm (12mm $25 par shares) Maturity: Perpetual Pri=e Guidance: 5.50% Area Offer Price: $25.00 Distributio=s: Cumulative and payable quarterly, in arrears, on the 15th of March, =une, September, and December beginning 12/15/15. From and including=August , 2015 to but excluding September 15, 2025, distributions will accr=e and be payable at a rate of % per annum, payable beginning on December 1=, 2015 and ending on September 15, 2025. From and including September 15, =025, distributions will accrue and be payable at a floating rate equ=l to the three-month LIBOR plus a spread of % per annum, payable beginning=on December 15, 2025. Optional Redemption: On or after Septe=ber 15, 2025, we may redeem the Series H Preference Shares, in whole or in= part, at 100% of their liquidation preference, plus accrued and unpa=d dividends, if any. In addition, the Series.) Preference Shares may be re=eemed, in whole, but not in part, at any time prior to September 15, 2025 =f certain changes in tax or investment company law or interpretation occur=and certain other conditions are satisfied. Upon any redemption of the Ser=es J Preference Shares, a corresponding amount of Trust Preference Securit=es will be redeemed. Use of proceeds: 2 EFTA_R1_00004589 EFTA01731460  To repay the Series A Pref=rence Shares (cusip 842400756) and for general corporate purposes =R0 / QM eligible: Yes Subject to U.S. Tax Withholding for NRA Clien=s Yes' Expected Listing: NYSE =C240 please note The information contained in this communication =s confidential, may be attorney-client privileged, may constitute in=ide information, and is intended only for the use of the addressee. It =s the property of JEE Unauthorized use, disclosure or copying of thi= communication or any part thereof is strictly prohibited and may be=unlawful. If you have received this communication in error, please noti=y us immediately by return e-mail or by e-mail to [email protected] <mailto:[email protected]> , and des=roy this communication and all copies thereof, including all attachment=. copyright -all rights reserved --001a113ff2220b6c2c051d8273d9-- date-last-viewed 0.0 date-received 1439820996 flags 8590195713 remote- id 164337 3 EFTA_R1_00004590 EFTA01731461