EFTA02384581

From: Richard Kahn Sent: Saturday, May 13, 2017 12:45 AM To: Jeffrey Epstein Subject: Fwd: Frontier Richard Kahn HBRK Associates Inc. 575 =exington Avenue, 4th Floor New =ork, NY 10022 tel fa cel Begin forwarded message: From: =/b>Paul Barrett Subject: =/b>Re: =rontier Date: =/b>May 12, 2017 at 8:09:25 AM =DT To: =/b>Richard Kahn <[email protected]> Jeffrey said he is still working on some =tructural issues. Ball is in his court. Have you heard anything from =our side? Sent from =y iPhone On May 11, 2017, at 5:52 =M, Richard Kah wrote: yes 96.625 Richard Kahn HBRK =ssociates Inc. 575 Lexington Avenue, 4th =loor New York NY 10022 tel l fax cel EFTA_R1_01402434 EFTA02384581 On Ma 11, 2017, at 5:42 PM, Paul Barrett =It <mailto rote: Did you get =illed? Sent from my iPhone On May 11, 2017, at 2:47 PM, Richard Kahn wrote: thank you i got bid of =6.5 and will attempt to sell there please confirm =k level thanks Richard =ahn HBRK Associates Inc. 575 Lexington =venue 4th Floor New York NY 10022 tel fax cel On May 11, 2017, at 2:17 PM, Paul Barrett wrote: Guys I am no longer comfortable with the frontier position. Price =ction after the dividend cut was disappointing and the new secured bond =hat they will likely issue will not help us. We are now down a total =.1% on the position and I think the bond can drop another 5-10 points. =e have revised our EBITDA estimates and they don't look great. =herefore I recommend that we sell at 96.00 or better. Sent from my =Phone 2 EFTA_R1_01402435 EFTA02384582