EFTA Document EFTA01374067
AGP LP 519 Alpha Group Capital Paul Barrett Important Notices The information contained herein is limited and is not intended to provide a representation of the merits or risks associated with an investment in any of the funds and accounts (the "Alkeon Funds") managed by Alkeon Capital Management, LLC ("Alkeon"). Consideration of an investment in any fund managed by Alkeon or its affiliates (the "Alkeon Funds") should only be given after a careful review of the necessary offering documents
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AGP LP 519 Alpha Group Capital Paul Barrett Important Notices The information contained herein is limited and is not intended to provide a representation of the merits or risks associated with an investment in any of the funds and accounts (the "Alkeon Funds") managed by Alkeon Capital Management, LLC ("Alkeon"). Consideration of an investment in any fund managed by Alkeon or its affiliates (the "Alkeon Funds") should only be given after a careful review of the necessary offering documents
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Subject: RE: RIN follow up From: Vahe Stepanian Date: Fri, 20 Apr 2018 14:16:02 -0400 To: Paul Barrett Cc: Stewart Oldfield Martin Zeman No problem, happy to help. The team assumes a 50bps p.a. default rate, and I would point you to page 29 of the book to support this point. Also worth looking at the scenario analysis on pg. 40 — think scenarios 1-7 are particularly relevant because the 50bp issuance costs are in line with RIN I (vs. 2% for a BSL). Thank you, Vahe From: Paul Barrett
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