EFTA01959572

To: Jeffrey Epstein[jeevacation©gmail.com] From: Eileen Alexanderson Sent: Fri 8/30/2013 7:34:53 PM Hi, we are teeing up to establish $10mil line of credit from Black Family Partners to Phaidon Global LLC early next week. We've determined the following documentation is in order to establish this as true business transaction: 1) Loan Agreement (between BFP and Phaidon Global LLC) 2) Guaranty Agreement (by 1997 Trust) 3) Pledge Agreement (for two artworks as collateral) 4) Ins. Certificate 5) UCC-1 filing 6) Art Appraisal 7) resolutions for both borrower and lender B of A was willing to give us a rate of 2.0% over LIBOR with the guarantee from the Trust. Lloyds was charging Phaidon 3.5% over the base rate with a debenture as security. Can I charge set this up with 2 over LIBOR or do I need to do more? Good to go on this? Thanks. Eileen Alexanderson Black Family Partners. L P. cko Apollo Management 9 W 57th Street Y 1 EFTA_R1_00432904 EFTA01959572