EFTA00631442.pdf

From: "Barry J. Cohen" To: Jeffrey E. <[email protected]>, Brad Wechsler < Subject: FW: Jet Financing Date: Wed, 10 May 2017 19:27:49 +0000 Attachments: 3122 Aircraft Client.pdf UBS actually came in materially better on almost all terms: down payment, interest rate (65 bps lower), amortization. They want 3 years of tax returns, which seems like a nonstarter, but maybe that's negotiable. Does it amount to a lot of $? Maybe not. like to see if LDB wants us to push forward, and then we can engage more with UBS and other banks. From: (mak° Sent: Tuesday, May 09, 2017 10:46 AM To: Barry J. Cohen < > Cc: Subject: Jet Financing Hi Barry, Thank you again for the opportunity to compete on this business. UBS has teamed up with PNC Aviation Finance for jet financing. Please see attached factsheet. Here is a quick overview of what they might be able to do subject to review of financial information: • Aircraft: 2014 G550 • Borrower: An LLC TBD • Guarantor: Leon Black • Purchase Price: $52,000,000 • Loan Amount: Up to 95% of Purchase Price: $49,400,000 • Appraisal: Loan amount will not exceed 95% of The lower of Purchase Price or Appraised Value • Term : 5 or 7 Years • Amortization: 14 years • 5 Years Floating rate pricing: One month Libor plus 1.25 % to 150% TBD upon review of financial information • Fixed Rate pricing: 3.24% as of today • 7 Years Pricing: One month Libor plus 1.40% to 1.65% TBD upon review of financial information • 7 Year Fixed rate pricing: 3.55% as of today PNC Aviation Finance will require full financial disclosure including 3 years of tax returns with all Kl's, Personal Financial Statement and liquidity statements to move forward. Please review and let me know when you are ready to engage a banker. Best regards, Yanki Yanki Schori Managing Director UBS Financial Service Inc. EFTA00631442 Private Wealth Management 1285 Avenue of the Americas, 17th Floor New York, NY 10019 Tel. 212-713-3900 Toll 800-221-3650 EFTA00631443