EFTA01405205.pdf

Subject: Och Ziff CLO [C] From: Vahe Stepanian Date: Thu, 19 Nov 2015 10:12:22 -0500 To: Jeffrey Epstein <[email protected]> Cc: Daniel Sabba Ariane Dwyer Paul Morris < Stewart Oldfield Classification: Confidential Jeffrey — following up with another idea as it relates to leveraged loans. Och Ziff is coming to market with a new issue CLO, OZLM XIV. The desk is looking to price ahead of the Thanksgiving holiday, for settlement in December. I've attached the manager pitchbook, but please also find a few high-level bullet points on the new issue: Launched in May 2012, Institutional Credit Strategies (ICS), is Och-Ziff's platform that invests in performing credit via CLOs and other customized solutions for clients The ICS team has two key portfolio managers Donald Young (US Portfolio mgr.) and Adeel Shafiqullah (European portfolio manager). Together they source and execute investment ideas across a broad range of sectors, industries, and regions This group has successfully closed 13 U.S. CLOs with a total transaction value in excess of $6bn Indicative pricing table: Class Rating (Moody's /Fitch) Par amount WAL Coupon Discount Margin A-1 Notes EFTA01405205 [Aaa]/[AAA] [318,750,000] [6.1] L + [1.57]% L + [1.57]% A-2 Notes [Aa2]/[AA] [61,500,000] [7.8] L + [2.30]% L + [2.30]% B Notes [A2]/[A] [25,750,000] [8.5] L + [3.15]% L + [3.20]% C Notes [Baa3]/[888] [30,250,000] [9.1] L + [4.35]% L + [4.85]% EFTA01405206 D Notes [Ba3]/[BB] [23,750,000] [9.7] L + [6.35]% L + [7.85]% Equity NR [47,670,000] N/A N/A L + mid teens Thank you, Vahe Vahe Stepanian Assistant Vice President I Key Client Partners Deutsche Bank Securities Inc. Tel. + Mobile Email All trade execution information contained herein is being provided as an accommodation at your request in advance of your receipt of the official trade confirmation(s). Additional trade detail information available upon request. The terms of the trade(s) may be subject to change prior to settlement, and therefore the official trade confirmation(s) and account statements issued by Deutsche Bank shall govern. Deutsche Bank is not EFTA01405207 responsible for any discrepancy between the informal execution report and the official trade confirmation(s) or account statements. This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. EFTA01405208