RE: Citi Preferred (Cl (Richard Kahn Imailto, 8/6/2015)

From Vahe Stepanian Sent: 8/6/2015 12:12:51 PM To: Richard Kahn CC: Daniel Sabba Subject: RE: Citi Preferred (Cl Classification: Confidential ; Paul Morris Ariane Dwyer ; Amanda Kirby Rich - I checked in with our traders. We believe that you're referring to the pref that I've detailed in the Bloomberg screenshot below. Assuming this is the case, an indicative offer on $2-3mm is 100.125. Should Southern Financial wish to purchase, it would be helpful to have a firm level to work t