EFTA01424010

Subject: Re: Southern Financial - Saudi bond new issue. [I] From: Stewart Oldfield Date: Tue, 16 Aug 2016 14:19:57 -0400 To: Vahe Stepanian Daniel Sabba Darlene Zong <[email protected]> Classification: For Internal Use Only That's great. Thanks. Hope all is well up there in kcp land. Stewart Oldfield, CFA, CAIA Director Deutsche Bank Trust Company Americas Deutsche Bank Wealth Management 345 Park Avenue, New York, NY 10154 Tel: Mobile: blackberry Email: Securities offered through Deutsche Bank Securities Inc. From: Vahe Stepanian Sent: Tuesday, August 16, 2016 02:09 PM To: Stewart Oldfield; Daniel Sabba; Darlene Zong Cc: Vahe Stepanian Subject: Southern Financial - Saudi bond new issue. [I] Classification: For internal use only FYI — Rich Kahn called today and mentioned that JE wanted to learn more about the upcoming Saudi Arabia bond offering. I relayed the below: VAHE STEPANIAN 11:16:19 Hi Dennis - recall on work on the Key Client Partners covering family offices. 11:16:25 *** DENNIS EISELE (DEUTSCHE BANK SECURI) acknowledged the chat request VAHE STEPANIAN 11:16:26 Question for you 11:16:36 A client asked about the Saudi Bond offering EFTA01424010 11:17:01 Do you know who I can reach out to with regards to timing, etc.? DENNIS EISELE 11:17:44 i am involved but issue is we can't share that information until it is public 11:18:10 what i can say is expectations were for before august or after labor day VAHE STEPANIAN 11:18:55 Ok. Will US clients have an opportunity to participate? 11:19:06 or unclear as of now DENNIS EISELE 11:19:51 yes US clients will have an opportunity to participate VAHE STEPANIAN 11:20:34 Ok, thus we'll be able to share more information once the deal launches? DENNIS EISELE 11:20:46 exactlly VAHE STEPANIAN 11:20:56 Ok, thanks much Told him that we would reach out with additional information once its available. Some publicly available info here: http://www.bloomberg.com/news/articles/- 2016-07-14/goldman-sachs-deutsche-bank-said-among-saudi-bond-lead-managers- icimewqwv Thank you, Vahe EFTA01424011 Vahe Stepanian Key Client Partners Deutsche Bank Securities Inc. Tel. Mobile Email EFTA01424012