EFTA00954577.pdf
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From: "Barrett, Paul S" ctl
To: "Epstein, Jeffrey ([email protected])" <[email protected]>
CC: "Ens, Amanda" , "Weissend, Renee E"
Subject: Tender on our bonds
Date: Tue, 19 Feb 2013 19:45:29 +0000
Hi Jeffrey
Our $2.5mm American Axle 7.875% 2017 bonds are being tendered at 103.00 (plus any accrued interest). We should
tender — don't want to be stuck with a small illiquid piece.
We paid 104.63 back in March 2011 (yield at the time was 6.80%). So holding period was 14% over 2 years.
Let me know.
Paul
Paul Barrett I Managing Director I Global Investment Opportunities Group I J.P. Morgan Private Bank I
320 Park Avenue, 14th Floor, New York, NY 10022 I T: (212) 622-2770 I F: (212) 310-0108 I NMLS
ID# 853441
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EFTA00954577
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EFTA00954577
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