Message-ID: <5289993.1075844911583.JavaMail.evans@thyme> Date: Fri, 16 Feb 2001 06:15:00 -0800 (PST) From: sara.shackleton@enron.com To: jason.williams@enron.com Subject: Re:ANZ - ISDA and Enron Corp. Guarantee Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Sara Shackleton X-To: Jason R Williams X-cc: X-bcc: X-Folder: \Sara_Shackleton_Dec2000_June2001_2\Notes Folders\Sent X-Origin: SHACKLETON-S X-FileName: sshackle.nsf Sara Shackleton Enron North America Corp. 1400 Smith Street, EB 3801a Houston, Texas 77002 713-853-5620 (phone) 713-646-3490 (fax) sara.shackleton@enron.com ----- Forwarded by Sara Shackleton/HOU/ECT on 02/16/2001 02:14 PM ----- Jane McBride@ENRON 01/20/2001 02:26 AM To: John Suttle/HOU/ECT@ECT, Alan Aronowitz/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT cc: Darren Delage/AP/Enron@Enron, Susan Musch/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT Subject: Re:ANZ - ISDA and Enron Corp. Guarantee We cant really do an ENA ISDA here I don't think, it will need to be done out of Houston. Sara, Alan, any thoughts? Jane John Suttle@ECT 2001/01/20 01:09 To: Jane McBride/AP/Enron@ENRON cc: Sara Shackleton/HOU/ECT@ECT, Darren Delage/AP/Enron@Enron, Susan Musch/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT@ENRON Subject: Re:ANZ - ISDA and Enron Corp. Guarantee Whichever Enron entity is the transacting entity needs an ISDA over the deals. I don't know how Dependency Agency arrangements alter our documentation, but we should make certain we have collateral rights/credit in place whichever way we go. Jane McBride@ENRON 01/18/2001 08:47 PM To: John Suttle/HOU/ECT@ECT cc: Sara Shackleton/HOU/ECT@ECT, Darren Delage/AP/Enron@Enron, Susan Musch/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT Subject: Re:ANZ - ISDA and Enron Corp. Guarantee Hi John, I have followed up on this with Darren Delage and it seems that this is the situation: The trades with ANZ will be done by Enron Japan but only by virtue of "dependant agency" arrangements with ENA. (These arrangements are still being documented.) I think this means that ENA and not Enron Japan will need to enter into agreements with ANZ. I think Darren will follow up from his side but could you go back to Micheal on this. Jane John Suttle@ECT 2001/01/19 08:05 To: Jane McBride/AP/Enron@Enron cc: Sara Shackleton/HOU/ECT@ECT Subject: ISDA and Enron Corp. Guarantee Jane - Attached is a worksheet in response to a request from Australia New Zealand Bank for an ISDA and Enron Corp. guaranty covering FX trading. The contact is Michael Midden, whose e-mail is below. I said we would e-mail the draft documents to him for comments. Please let me know if you have any questions. John ---------------------- Forwarded by John Suttle/HOU/ECT on 01/19/2001 01:02 AM --------------------------- "Midden, Michael" on 01/18/2001 10:31:14 AM To: "'john.suttle@enron.com'" cc: Subject: Enron Corp. Guarantee John, Australia New Zealand Bank has put in place FX limits for Enron North America Inc.(on behalf of Enron Japan) of USD 2 million (R/13 months) and the corresponding USD 27.5 million in settlement limits (R/3-day) (subject the full guarantee of Enron Corporation). It would be greatly appreciated if you could assist us in implementing a guarantee from Enron Corp. to support these trading lines. Regards, Michael Midden