Message-ID: <1757924.1075849797750.JavaMail.evans@thyme>
Date: Thu, 21 Dec 2000 08:11:00 -0800 (PST)
From: rob.gay@enron.com
To: brett.wiggs@enron.com
Subject: Re: New Pricing on the South American transaction
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It's getting pricey, especially on the fee side.  But what are the options at 
this point. Peter informs me that we  have been limited on talking to banks 
which pretty much dilutes our leverage.  I also think that the person doing 
the negotiating has no accountability to her clients.  I think you should 
scream bloody murder (perhaps to the new bosses of the region) This is going 
to be a huge drain on the P&L. 




Brett R Wiggs
11/29/2000 11:57 AM
To: Rob G Gay/NA/Enron@Enron
cc:  

Subject: New Pricing on the South American transaction

Rob:

What are your thoughts?

Brett
---------------------- Forwarded by Brett R Wiggs/SA/Enron on 11/29/2000 
02:57 PM ---------------------------
From: Cheryl Lipshutz@ECT on 11/28/2000 02:45 PM CST
To: Brett R Wiggs/SA/Enron@Enron, Peter N 
Anderson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Tracee Bersani/HOU/ECT@ECT
cc: Kelly H Boots/HOU/ECT@ECT, Sarah Heineman/HOU/ECT@ECT, David 
Mitchell/HOU/ECT@ECT, robtaylor@andrews-kurth.com 
Subject: New Pricing on the South American transaction

Brett,
Below please find confirmation of what we verbally spoke of a few minutes ago 
relating to the pricing of this facility:

Underwriting Fees:  50bp on each bank's allocated underwritten commitment 
amount of the Tranche A amount of $430.75MM in total  
Spread:        18 bp facility fee irregardless of usage on the entire Tranche 
A facility size
                        82 bp Applicable margin on any borrowed amounts of 
the Tranche A facility

Up Front fees to the Syndicate banks:  expected to be in the 35bp - 45bp 
range at final syndication.