Message-ID: <2419333.1075844947394.JavaMail.evans@thyme> Date: Fri, 25 Feb 2000 04:56:00 -0800 (PST) From: jerry.peters@enron.com To: stanley.horton@enron.com Subject: NBP Financing RFP's Cc: cindy.stark@enron.com, larry.deroin@enron.com, john.jesse@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: cindy.stark@enron.com, larry.deroin@enron.com, john.jesse@enron.com X-From: Jerry Peters X-To: Stanley Horton X-cc: Cindy Stark, Larry DeRoin, John Jesse X-bcc: X-Folder: \Stanley_Horton_1\Notes Folders\Discussion threads X-Origin: HORTON-S X-FileName: shorton.nsf Just to give you a "heads-up" we are preparing a request for proposal for lead managers on a NBP debt financing. The financing plan is for a $150 million term debt facility to payoff existing MLP bank debt and a $150 million bank revolver (which would be undrawn) to provide greater financial flexibility in the future. Although we haven't determined the list of bidders a key objective is to provide additional fee income to those banks willing to commit their balance sheets when needed (i.e. commercial banks) to strengthen our position for future acquisition financing. We will send you a copy of the RFP and a list of recommended bidders mid next week. We would anticipate sending this out late next week.