EFTA02601213

From: Barry J. Cohen > Sent: Friday, July 20, 2111 1/11 M To: jeffrey E. Subject: RE: Re: LIBOR varies a little every day. Right now, 1 month LIBOR is 2.08%. So L + 125 is 3.33%. If we have $850MM outstanding for the next year, and LIBOR doesn't change, we would pay is about $28.3MM. I didn't factor in 360 day year calculations. Just simple arithmetic. Is that what you are asking? From: jeffrey E. [mailto:[email protected]] Sent: Friday, July 20, 2018 11:55 AM To: Barry J. Cohen Subject: Re: Re: sorry total rate. ? total cost for the year? On Fri, Jul 20, 2018 at 11:43 AM, Barry J. Cohen > wrote: 850 From: jeffrey E. [mailto:[email protected] <mailto:[email protected]> ] Sent: Friday, July 20 2018 11:42 AM To: Barry J. Cohen Subject: Re: latest total? On Fri, Jul 20, 2018 at 11:40 AM, Barry J. Cohen > wrote: One-month LIBOR + 125. We are in negotiations to improve the terms, which might affect the rate. Even if we improve the terms, unclear what the rate will be. We are arguing over that now. I think they want an extra 25 bps. We're offering 10 bps, or maybe 0. EFTA_R1_01788801 EFTA02601213 The loan is a two year loan that keeps getting renewed. Currently matures 7/31/19. The rate formula does not change over the course of the loan. All good here. Hope you're the same. From: jeffrey E. [mailto:[email protected] <mailto:[email protected]> Sent: Friday, July 20 2018 11:34 AM To: Barry J. Cohen Subject: what interest rate is currently on the art loan ? when does it raise and to what hope you are well please note 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 note 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 2 EFTA_R1_01788802 EFTA02601214 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 note 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 3 EFTA_R1_01788803 EFTA02601215