EFTA01456725.pdf

From: Daniel Sabba Sent: 2/10/2015 7:32:45 PM To: jeffrey E. ijeevacation@ mail.com CC: Vahe Ste anian • Richard Kahn ; Jay Lipman Subject: High dividend pricing - TRS only IC) Classification: Confidential We priced the following in the past Long TRSs for GE and ConEd (without the sale of a call option). We could provide the financing terms on a $20mm notional equivalent at lml+75bps, with $0.03 commissions in and out. The IA for these names would be 20% for TRS only. As discussed, you could use equities at a 50% haircut as this IA. As for MCD, we priced IRS indicatively on 1/30/2015 @ 1mL + 75bps, with $0.03 commission in and out. IA would be 30% for TRS only. Daniel Sabba Key Client Partners Deutsche Bank Securities Inc. Tel. Mobile Email This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 116000 CONFIDENTIAL SDNY_GM_00262184 EFTA01456725