📄 Extracted Text (143 words)
Put option process and timeline
4. DB closes
1. Investor agrees in 2. DB completes due 5 (a). Loan repaid —
transaction & pays ii-->"
principle to key terms diligence on its loan i option expires
premium to Investor i ,i
3. Investor & DB go > 5 (b). Loan defaults
firm on commitment
and terms, with 6. DB enforces on loan
penalties for breakage collateral
L.
8 (a). Investor or other
7. DB runs auction on 30 party wins auction
Collateral and takes Collateral -
option expires
8 (b). Auction fails and DB
takes ownership of
Collateral
9. DB puts Collateral to
Investor in exchange for
the Strike Price
r
10. Investor now owns the
Reference Asset
Deutsche Bank 4
Corporate Banking & Securities
Confidential — Not for Distribution
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0102589
CONFIDENTIAL SDNY_GM_00248773
EFTA01447830
ℹ️ Document Details
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431d777991c6bca33b4c6397019ee1164b3d8cae66cab1e67c2b5877b55d8785
Bates Number
EFTA01447830
Dataset
DataSet-10
Document Type
document
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1
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