EFTA01207027.pdf

From: "Jeffrey E." <[email protected]> To: Richard Kahn Subject: Re: Citi Preferred (C) Date: Thu, 06 Aug 2015 17:27:11 +0000 Inline-Images: image00 1 jpg: image002.jpg bid 100 at db for 3 m On Thu, Aug 6, 2015 at 12:28 PM, Richard Kahn ,t7 > wrote: per your email i reached out to DB regarding Citi Preferred Q Series that was issued yesterday by Citibank: they quoted 100.125 for 2-3mm but said to give a level and they would work order did not like that answer so i called Andrew Atlas at Morgan Stanley and asked him to bid he told me spread was 99.875 bid x 100.125 ask and thought we probably could get filled at 100.00 please advise if you would like to buy preferred, quantity, price and DB or MS thank you attached below is your current exposure to Citi Preferred Stocks: Purchase Quantity 6/30/15 Unrealized Asset Description Date Cost Value Gain (Loss) Citibank Preferred Ser C 5.8% 10/28/14 49,033.00 1,180,739 1,220,922 40,183 Citibank Preferred Ser C 5.8% 10/29/14 150,967.00 3,670,430 3,759,078 88,648 Citibank Preferred Ser K 6.875% 2/3/14 79,000.00 1,999,419 2,106,140 106,721 6,850,589 7,086,140 235,551 Richard Kahn HBRK Associates Inc. Begin forwarded message: From: Vahe Stepanian Subject: RE: CRI Preferred [C] Date: August 6, 2015 at 12:19:00 PM EDT To: Richard Kahn , Paul Morris Cc: Daniel Sabba ekt•:iane Dwyer , Amanda Kirby Classification: Confidential Per our conversation: EFTA01207027  C 5.95 12/29/49 Corp e„ 94 Notes 9s Bu 96) Sea 21) Bond Description 23 Issuer Descrl Coupons Rood lilt() SO Ca • Addit Into 1; cex US0003M Bench Freq S/A riGual areas Current Coupon 5.95 % Last Reset 00/00/0000 5)8cal Ratings Convention Unknown S)Identifiers Coupon Calendar nExchanges First Irreg Cpn Normal him. Parties Last Irreg Cpn Normal 9)Fees, Restrict :0Schedules it)Coupons FRN Coupon Formula Quick I Da e Formula Day Count Freq Cap :BALLO Pi lc:n.1 08/12/2015 5.950:, Fixed 30/360 5/A '.31QR0 Quote Recap 08/15/2020 US0003M +4.095% 30/360 QTL 'A TI* Trade Mist SiCACS Corp Action ;Sift Prospectus '.nCti Sec News ZHOS Holders SWPRD Underty Info eel Send Bond From: Vahe Stepanian Sent Thursday, August 06, 2015 12:13 PM To: 'Richard Kahn'; Paul Morris Cc: Daniel Sabha; Mane Dwyer; Amanda Kirby Subject: RE: Citi Preferred [C] Classification: Confidential Rich - I checked in with our traders. We believe that you're referring to the pref that I've detailed in the Bloomberg screenshot below. Assuming this is the case, an indicative offer on $2-3mm is 100.125. Should Southern Financial wish to purchase, it would be helpful to have a firm level to work today. I will follow up with a phone call. Thank you, Vahe EFTA01207028 C 5.95 12 29/49 • • Page 1/11 I Tf ti011113011 94Notes 12 951 Bu. 21) Bond Description 21) Issuer Description Issuer Information Identifiers Bond Info CITIGROUP INC ID Number UV4S34300 AddIt Into . . Diversified Banks CUSIP 1729673Z5 Security Information ISIN U51729673Z57 5N3ond Redoes Mkt in Global Depository Receipt Earns eldentiliers Country US Currency USD Moody's Bate nExchanges Rank Jr Subordinated Series Q Fitch BB+e OW Parties Coupon 5.95 Type Variable DBRS BBBLe eras. Resbict xiSdiedules Cpn Freq S/A Corrossite NR niCoupons Day Cnt 30/360 Iss Price 100.00000 Issuance & Trading inks Maturity PERPETUAL Amt Issued/Outstandirg Fl I Q Pricing PERPETUAL CALL 08/15/20€100.00 USD 1,250,000.00 (M) / QFtD Quote Recap Iss Sprd USD 1,250,000.00 (M) 'NUM track Hist CACS Corp Action Calc Type (1010)FIX-TO-FLOAT BONDS Min Piece/Increment 't)CF Prospectus Announcement Date 08/05/2015 1,000.00 / 1,000.00 '')CM Sec News Interest Accrual Date 08/12/2015 Par Amount 1,000.00 :OHM Holders 1st Settle Date 08/12/2015 Book Runner CITI-sole sIVPFtOUnderly Info 1st Coupon Date 02/15/2016 Reporting *Used with permission ofBloomberg Finance LP Original Message From: Richard Kahn Dal Sent: Thursday, August 06, 2015 11:54 AM To: Paul Morris Cc: Vahe Stepanian; Daniel Sabba Subject: Citi Preferred Paul just left you a message for your via Amanda Can you please obtain a quote for Jeffrey on the following preferred: Citibank (i believe it was issued yesterday) Pays a fixed 5.95% coupon for 5 yrs and then floats at L +409.50bps Quantity: TBD (assume 2-3mm) Thank you Richard Kahn HBRK Associates Inc. 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