Message-ID: <3631972.1075844824696.JavaMail.evans@thyme>
Date: Thu, 15 Feb 2001 08:27:00 -0800 (PST)
From: jason.williams@enron.com
To: sara.shackleton@enron.com
Subject: Merrill Lynch International Bank Ltd.
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Jason R Williams
X-To: Sara Shackleton
X-cc: 
X-bcc: 
X-Folder: \Sara_Shackleton_Dec2000_June2001_2\Notes Folders\Notes inbox
X-Origin: SHACKLETON-S
X-FileName: sshackle.nsf

Sara -

Per our earlier conversation, could you please prepare a revised guaranty for 
Merrill Lynch?  There are two significant changes to the guaranty currently 
in place:

1)  Beneficiary of the new guaranty should be Merrill Lynch International 
Bank, Ltd.   The current guaranty is to Merrill Lynch International Bank.

2)  The guaranty amount should be increased from $30 million to $150 million.


Please send revised guaranty to:

  Todd Gibson, Vice President
  Merrill Lynch & Co., Inc.
  4 World Financial Center, 16th Floor
  New York, NY 10080


Thanks for all your help and please let me know if you have any questions.


Jay