EFTA02596450

From: jeffrey E. <[email protected]> Sent: Wednesday, December 3, 2014 12:26 PM To: Richard Joslin Subject: Re: Re: so we can pay 10 form bfp and 5 from Idb? =AO then chariable commmitemets for 6 for 2015? On Wed, Dec 3, 2014 at 7:06=AM, Richard Joslin < › wrote: BFP has $12.5MM presently4=> Plan was for APO 2 and LDB 2011 LLC (=PO 1) to repay the amount borrowed by Phaidon Global to fund Phaidon and R=gan Arts. The amount borrowed was via the credit line that expired in Sept. The cash flow plan was for the trus=s to repay this amount in O12015. Asi=e from Regan Arts, Artspace and Phaidon funding, the trusts can repay BFP = bit earlier than planned, and certainly $3M. Note that there will b= another 18 cents or $16.7 APO distribution Dec 15. I am awatin= confirmation of prior guidance. From: jeffrey E. [mailto:[email protected] Sent: Wednesday, December 03, 2014 5:52 AM To: Richard Joslin Subject: Re: how much cash avaible without? abd for how Ion= would the crediti line be affected On Wed, Dec 3, 2014 at 4:58 AM, Richard Joslin « target="_blank' wrote: Yes. BFP would need =0 be repaid a few million from APO2 (Phaidon credit line) to raise 15MM=/u> On Dec 2, 2014, at 9:21 PM, "jeffrey E." <[email protected] <mailto:[email protected]» wrote::u> can bfp pay 15 million fee tomorw? EFTA_R1_01781556 EFTA02596450 please no=e The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected] <mailto:[email protected]> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved please no=e The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected] <mailto:[email protected]> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved please =ote The information contained in this communication is confiden=ial, may be attorney-client privileged, may constitute inside informati=n, and is intended only for the use of the addressee. It is the propert= of JEE Unauthorized use, disclosure or copying of this communica=ion or any part thereof is strictly prohibited and may be unlawful. If =ou have received this communication in error, please notify us immediat=ly by return e-mail or by e-mail to [email protected] <mailto:jeevacation@gmail=com> , and destroy this comm=nication and all copies thereof, including all attachments. copyright -=11 rights reserved 2 EFTA_R1_01781557 EFTA02596451