EFTA00767870.pdf

From: Ssulayem To: Jeffrey Epstein <[email protected]> Subject: Fwd: LG Funding term sheet and draft IM Date: Wed, 28 Oct 2009 17:34:38 +0000 Attachments: LG_PIM_Distribution.pdf; London_Gateway_Ftmding_Note_28th_Oct_.doc; LGT_Summary_Termsheet-commercial_loan.doc >> >> Dear Jeffrey >> >> i attach a detailed info Memo on the london gateway project. This >> has all info on the project. i also attach a background note on the >> financing which will tell you where we are. You will note that we >> have currently progressed on Sterling 220M with EIB and approx >> Sterling 500M from commercial banks. So we are still a little >> short. What we need is EIB to increase their funding to Sterling >> 300M and to further provide Mezz financing of Sterling 50M. This is » critical for the project to make sense because they are cheaper and >> have a longer tenor for the loans. We also need the local UK banks >> to increase both the size of their commitment as well as the tenor. >> If we get all we are asking for even then the returns are marginal >> but we can go forward given of out long term interest in the >> business. I also attach a draft term sheet for the EIB as well as >> commercial banks that we are seeking to enable us go forward. Do >> review this and i then look forward to hearing from you whether you >> can get this done. Best Regards >> » Sultan >> >> >> >> >> >> wvegg wvegg wvegg wvegg wvegg *** *** wwgr ww* ww* w***www**www**DISCLAIMER*****www**www**www************www**www**www* > This email and any files transmitted with it are confidential and EFTA00767870 > contain privileged or copyright information. If you are not the > intended recipient you must not copy, distribute or use this email > or the information contained in it for any purpose other than to > notify us of the receipt thereof. > If you have received this message in error, please notify the sender > immediately, and delete this > email from your system. > Please note that e-mails are susceptible to change.The sender shall > not be liable for the improper > or incomplete transmission of the information contained in this > communication,nor for any delay in > its receipt or damage to your system.The sender does not guarantee > that this material is free from > viruses or any other defects although due care has been taken to > minimise the risk. • ww* • ww* • ww* • ww* • *wog • *wog • ww* • ww* • ww* • 9t9t* • WW**WWW**WWW*****************WWW**WWW**WWW**WWW**WWW**WWW**WWW**WWW* EFTA00767871