EFTA Document EFTA01473095

Subject: Re: quick discussion about pharma financing opportunity? [C] From: jeffrey E. [email protected]> Date: Thu, 14 May 2015 12:21:30 -0400 To: Paul Morris e > yes interested On Thu, May 14, 2015 at 12:07 PM, Paul Morris e > wrote: Classification: Confidential jeffrey, we are working on a live situation with a pharma company that is looking to finance the distribution and sales of a newly approved drug. DB is bidding on the debt financing and would need to syndicate out —$50mm to a third party. I expect the transaction to be structured as a royalty arrangement and imagine yields would be in the low double digits. I know you've done equity transactions in biotech area over the years but thought you may have someone interested in a discussion with our structured credit team to see if this would be a fit? Let's catch up soon. Hope all is well, Paul Morris Managing Director Deutsche Bank Private Bank Offic Cell: fcid:[email protected] EFTA01473095 Securities offered through Deutsche Bank Securities Inc. This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. 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], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA01473096