EFTA00876639.pdf

From: Jeffrey Epstein <jeevacation®gmail.com> To: "Barrett, Paul S" Subject: Re: Venezuela Date: Tue, 09 Oct 2012 19:26:21 +0000 ok start on a? On Tue, Oct 9, 2012 at 9:22 PM, Barrett, Paul S < > wrote: Correct Both NY law. a) The 2017N issued bond; 8.50% coupon; sinking fund (payable over 2015, 2016, 2017); $6BLN issue size; 12.30% yield b) The other one has a coupon of 5.25% matures Apr 2017. $3.5BiN issue size; 12.00% We like (a) Paul Barrett, CFA Managing Director Global Investment Opportunities Group JPMorgan Private Bank 320 Park Avenue, 14th Floor, New York, NY 10022 EFTA00876639 212-622-2770 (W) 212-310-0108 (F) NMLS IN 853441 From: jeffrey epstein [mailto:[email protected]] Sent: Tuesday, October 09, 2012 1:25 PM To: Barrett, Paul S Subject: Re: Venezuela There are two 2017 Sent from my iPad On Oct 9, 2012, at 4:34 PM, "Barrett, Paul S" < wrote: Hi Jeffrey Given that we expected a Chavez win, I am a little surprised that the bonds are trading down 3 points (around 4%). There has been some noise out of Argentina where a local province repaid a coupon on a bond in ARS when it should be in USD. So this is putting pressure on the region. I think this is an interesting level to buy the PDVSA 2017 bond. Currently yielding 12.20%. Passive play on oil. Would do $1.5MM. Let me know Paul Paul Barrett, CFA Managing Director EFTA00876640  Global Investment Opportunities Group 7PMorgan Private Bank 320 Park Avenue, 14th Floor, New York, NY 10022 NMLS ID# 853441 This email is confidential and subject to important disclaimers and conditions including on offers for thepurchase or sale of sccuriti accurac • and completeness of information, viruses, confidentiality, legal privilege, and legal entity disclaimers, available at The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00876641