EFTA01045949.pdf
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From: "Jeffrey E." <[email protected]>
To: Richard Kahn •
Subject: Fwd: Frontier
Date: Thu, 11 May 2017 18:21:32 +0000
Do it
Forwarded messa e
From: Paul Barrett <
Date: Thu, May 11, 2017 at 8:17 PM
Subject: Frontier
To: Jeffrey Epstein <[email protected]>, Richard Kahn •
Guys
I am no longer comfortable with the frontier position. Price action after the dividend cut was disappointing and
the new secured bond that they will likely issue will not help us. We are now down a total 2.1% on the position
and I think the bond can drop another 5-10 points. We have revised our EBITDA estimates and they don't look
great. Therefore I recommend that we sell at 96.00 or better.
Sent from my iPhone
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EFTA01045949
ℹ️ Document Details
SHA-256
30db0061cf16451f7a7f4424136ee672c84a24a4c67a315c37b85d9218d59073
Bates Number
EFTA01045949
Dataset
DataSet-9
Type
document
Pages
1
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