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sd-10-EFTA01387241Dept. of JusticeOther

EFTA Document EFTA01387241

From: Stewart Oldfield Sent: 9/7/2018 11:56:00 AM To: Nina-X Nevidzanska Subject: RE: DB Conference On a call that I hope wraps up soon. Will do From: Nina-X Nevidzanska Sent: Friday, September 07, 2018 11:42 AM To: Stewart Oldfield < Subject: RE: DB Conference Hi Stew, Tried you earlier. Please give me a ring when you have a moment. Thank you Nina From: Stewart Oldfield Sent: Friday, September 07, 2018 11:24 AM To: Nina-X Nevidzanska Cc: Martin Zeman < Subject: FW: DB Confer

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Dept. of Justice
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sd-10-EFTA01387241
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From: Stewart Oldfield Sent: 9/7/2018 11:56:00 AM To: Nina-X Nevidzanska Subject: RE: DB Conference On a call that I hope wraps up soon. Will do From: Nina-X Nevidzanska Sent: Friday, September 07, 2018 11:42 AM To: Stewart Oldfield < Subject: RE: DB Conference Hi Stew, Tried you earlier. Please give me a ring when you have a moment. Thank you Nina From: Stewart Oldfield Sent: Friday, September 07, 2018 11:24 AM To: Nina-X Nevidzanska Cc: Martin Zeman < Subject: FW: DB Confer

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From: Stewart Oldfield Sent: 9/7/2018 11:56:00 AM To: Nina-X Nevidzanska Subject: RE: DB Conference On a call that I hope wraps up soon. Will do From: Nina-X Nevidzanska Sent: Friday, September 07, 2018 11:42 AM To: Stewart Oldfield < Subject: RE: DB Conference Hi Stew, Tried you earlier. Please give me a ring when you have a moment. Thank you Nina From: Stewart Oldfield Sent: Friday, September 07, 2018 11:24 AM To: Nina-X Nevidzanska Cc: Martin Zeman < Subject: FW: DB Conference Nina, please register Kevin. Works for Artie Spector's office. Thanks From: Kevin Hone (mailto Sent: Friday, September 07, 2018 10:44 AM To: Stewart Oldfield < Subject: RE: DB Conference Many thanks Stew. I will just hit the public events and you can just put my name down. We can catch up at Terraza on Tuesday evening. If you are in early enough, and want to grab a drink ahead of time, please just let me know. Many thanks and look forward to connecting. Best, Kevin (cell) From: Stewart Oldfield [mailto Sent: Thursday, September 06, 2018 4:46 PM To: Kevin Hone Subject: RE: DB Conference Thanks for making the introduction, Paul. Moving you to bcc: Kevin, nice to meet you via email. Looking forward to meeting in person next week. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0089451 CONFIDENTIAL SDNY_GM_00235635 EFTA01387241

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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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