EFTA01457266.pdf

qUSD 100% Call 3m Offer Mid Level Spot BASFn.DE 4.05% 3.74% 93.01 ALVG DE 2.70% 2.40% 159.6 VOWG_p.DE 4.90% 4 59% 226.15 qUSD 90% Call 6m Offer Mid Level Spot BASFn.DE 11.50% 11.16% 90.01 ALVG. DE 9.80% 9.46% 159.6 VOWG_p.DE 12.35% 12.40% 226.15 Regards, Daniel From: Daniel Sabba Sent: Tuesday, April 14, 2015 10:38 AM To: 'Jeffrey E.' Cc: Vahe Stepanian; Ariane Dwyer; Paul Morris; 'Richard Kahn' Subject: RE: Levered plays on BASF, Allianz and Volkswagen [C] Classification: Confidential Jeffrey, We received the quanto USD prices for 3m 100% calls and 6m 90% calls. They work for a notional of USD 5mm. din qUSD 100% CaN Offer Mid Level Spol Rel BASFn.DE 3.55% 3.22% 94.67 Nara 210% 1.78% 168.05 VOWG_p.DE 460% 4.25% 246.2 6m qUSD 90% Call Offer Mid Level Spot Ref BASFn.DE 11.15% 1082% 94.67 ALVG.DE 9 35% 8.99% 168.05 VOWG_p.DE 1255% 12.16% 246.2 Looking forward to discussing, CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 116737 CONFIDENTIAL SDNY_GM_00262921 EFTA01457266