EFTA Document EFTA01456380

From: Sent: To: CC: Subject: Daniel Sabba 1/13/2015 1:42:15 PM [email protected] • Paul Morris I TradeRecap-01/13/2014-DBSells$10mmFEDERFOTVEREPUBLICOFBRAZIL20-Mar-2020CDS )2051Nith SOUTHERNFINANCIALLLC(live)(CI Attachments: pic29542.gif Classification: Confidential Jeffrey, per our phone conversation, Southern Financial LLC entered into the following credit default swap with Deutsche Bank AG, acting through its London branch. southern Financial bought default protection from DB. The Initial Margin on this trade is 1% of Notional. official confirm to follow. Brasov default swap FEDERATIVE REPUBLIC NOTIONAL TRADE DATE It% EFFECTIVE TERMINATION REF OB CREDIT EVENTS ISDA Definition PRICE UPFRONT FEE STANDARD TRADE HARDWIRING CLEARING HOUSE with SOUTHERN FINANCIAL LLC DB sells default protection on OF BRAZIL : USD 10,000,000 : 13-Jan-2015 : 1 : 14-Jan-2015 : 20-Mar-2020 : BRAZIL 12.25% OF 03/30 ISIN: us105756AL40 : Failure to Pay, R, Repudiation/Moratorium : 2014 : 205 bps per annum (COUPON: 100 bps per annum) : DB Receive USD 491,941 : Yes : ves : No Trade details: (Embedded image moved to file: pic29542.gif) Thank you for the trade, Daniel Daniel Sabba Key Client Partners Deutsche Bank Securities Inc. Tel. Mobile Email CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0115548 SDNY_GM_00261732 EFTA01456380