Message-ID: <15474736.1075844485652.JavaMail.evans@thyme> Date: Tue, 26 Sep 2000 08:21:00 -0700 (PDT) From: gordon.mckillop@enron.com To: sara.shackleton@enron.com Subject: Re: URGENT -- Re: Papers for Raptor Meeting Tuesday Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Gordon McKillop X-To: Sara Shackleton X-cc: X-bcc: X-Folder: \Sara_Shackleton_Dec2000_June2001_1\Notes Folders\Notes inbox X-Origin: SHACKLETON-S X-FileName: sshackle.nsf ---------------------- Forwarded by Gordon McKillop/NA/Enron on 09/26/2000 03:12 PM --------------------------- Nancy Muchmore 09/26/2000 11:27 AM To: Gordon McKillop/NA/Enron@ENRON cc: Frank Stabler/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Randy Young/NA/Enron@Enron Subject: Re: URGENT -- Re: Papers for Raptor Meeting Tuesday Gordon: Randy Young asked me to send you the following information concerning the entity to be inserted directly under Ponderosa Assets L.P. The entity will be a Cayman Islands company, Enron International Brazil 2000 Ltd., with 50,000 shares authorized and 1,000 shares issued to Ponderosa Assets L.P. Please call me at ext. 66197 should you have any questions or need further information regarding this company. Nancy Randy Young 09/26/2000 10:42 AM To: Nancy Muchmore/NA/Enron@Enron, Frank Stabler/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT cc: Subject: URGENT -- Re: Papers for Raptor Meeting Tuesday fyi. ---------------------- Forwarded by Randy Young/NA/Enron on 09/26/2000 11:31 AM --------------------------- Scott Sefton@ECT 09/26/2000 10:37 AM To: Randy Young/NA/Enron@Enron cc: Gordon McKillop/NA/Enron@ENRON Subject: URGENT -- Re: Papers for Raptor Meeting Tuesday Randy, Hedges in the Raptor structure require that a Proposal Sheet be submitted to the counterparty to the swap (the counterparty is owned by an outside investor and our agreement with them requires this). Attached to Mary's email below is the Raptor Derivative Proposal Sheet that the business unit will need to submit. Gordon is responsible for this process and can answer any questions you have. Also attached below is a Raptor Securities/Confidentiality Response Form that ENA legal prepared to help them conduct a due diligence exercise on their merchant assets being hedged to confirm that there were no contractual or other legal restrictions that may affect their ability to enter into the swap. Although many of the items on this form won't be relevant to what you're hedging, I thought it may be helpful. Because we're not familiar with the assets or any South American legal issues that may apply, we'll be looking to you for confirmation that there aren't any issues in this regard. You can ignore the document entitled Raptor Process for Inclusion of Swaps into Raptor Vehicles. Please call me or Gordon if you have any questions. Thanks! Scott ---------------------- Forwarded by Scott Sefton/HOU/ECT on 09/26/2000 08:19 AM --------------------------- MARY COOK 09/25/2000 06:38 PM To: Scott Sefton/HOU/ECT@ECT cc: Andrea V Reed/HOU/ECT@ECT, Brian Schwertner/NA/Enron@Enron, Hope Vargas/HOU/ECT@ECT, Julia H Chin/NA/Enron@Enron, Lisa Mellencamp/HOU/ECT@ECT, Michael S Galvan/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Travis McCullough/HOU/ECT@ECT Subject: Re: Papers for Raptor Meeting Tuesday We can discuss tomorrow, but the swap group is not staffed either to fulfill the coordination of all the work in respect of the underlying assets. Do you have alternative ideas? Enron North America Corp. Mary Cook 1400 Smith, 38th Floor, Legal Houston, Texas 77002-7361 (713) 345-7732 (phone) (713) 646-3490 (fax) mary.cook@enron.com Scott Sefton 09/25/2000 06:34 PM To: Mary Cook/HOU/ECT@ECT cc: Lisa Mellencamp/HOU/ECT@ECT, Travis McCullough/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Andrea V Reed/HOU/ECT@ECT, Julia H Chin/NA/Enron@Enron, Michael S Galvan/HOU/ECT@ECT, Hope Vargas/HOU/ECT@ECT, Brian Schwertner/NA/Enron@Enron Subject: Re: Papers for Raptor Meeting Tuesday Although I'm happy to discuss this at our meeting tomorrow, I don't think the draft process document describes a role for Global Finance legal that we can properly fulfill. MARY COOK 09/25/2000 02:14 PM To: Lisa Mellencamp/HOU/ECT@ECT, Travis McCullough/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Andrea V Reed/HOU/ECT@ECT, Scott Sefton/HOU/ECT@ECT, Julia H Chin/NA/Enron@Enron, Michael S Galvan/HOU/ECT@ECT, Hope Vargas/HOU/ECT@ECT, Brian Schwertner/NA/Enron@Enron cc: Subject: Papers for Raptor Meeting Tuesday See attached for your review prior to meeting, Tuesday 9:30 38C1. Thanks. Mary Enron North America Corp. Mary Cook 1400 Smith, 38th Floor, Legal Houston, Texas 77002-7361 (713) 345-7732 (phone) (713) 646-3490 (fax) mary.cook@enron.com