Message-ID: <11795029.1075858302435.JavaMail.evans@thyme> Date: Thu, 7 Sep 2000 01:49:00 -0700 (PDT) From: rick.buy@enron.com To: william.bradford@enron.com Subject: Re: Credit Reserve Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Rick Buy X-To: William S Bradford X-cc: X-bcc: X-Folder: \Richard_Buy_Dec2000\Notes Folders\Discussion threads X-Origin: Buy-R X-FileName: rbuy.nsf Fantastic-landmark deal Rick William S Bradford|HOU|ECT wrote on 7/28/00 7:33 pm: Rick, John, Jim and Brad were instrumental in getting this restructuring done. It feels good when the process works. Bill From: John Suttle 07/28/2000 10:06 AM To: William S Bradford/HOU/ECT@ECT, Tanya Rohauer/HOU/ECT@ECT, Tracey Irvin/HOU/ECT@ECT, Dutch Quigley/HOU/ECT@ECT cc: Rick Buy/HOU/ECT@ECT, Bradford Larson/HOU/ECT@ECT, James Ledlow/HOU/ECT@ECT Subject: Credit Reserve Please book a $512,087 USD credit reserve for the following deals: Deal #: E98254.4 and EA8461.1 Counterparty: Barrett Resources Corporation Originating Unit: ENA Description: These are existing transactions that have been restructured to compensate Enron for assuming credit risk above the contractual credit lines. The strike prices for each of the transactions were reduced, resulting in a $512,087 increase in value. The entirety of this value is to be taken into the Credit Reserve. Please call me if you have any questions. Thanks, John