📄 Extracted Text (256 words)
From: Jeffrey Epstein <[email protected]>
To: "Barrett, Paul S"
Subject: Re: Oil Idea
Date: Tue, 23 Jul 2013 16:39:33 +0000
ok
On Tue, Jul 23, 2013 at 9:59 AM, Barrett, Paul S wrote:
Jeffrey
The backwardation in the oil curve gives us some interesting pricing:
WTI Market Plus
53 weeks
Uncapped upside
10% coupon (paid as long as above the barrier at expiry)
77.55% at expiry barrier
So you get the greater of a 10% coupon or the upside so long as we are not down 22.45% at expiry. I think we
should do $2MM on this one.
Let me know.
Paul
Paul Barrett I Managing Director I Global Investment Opportunities Group Morgan Private Bank
320 Park Avenue, 14th Floor, New York, NY 10022 I T: I F: I NMLS
ID» 853441
EFTA00873202
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