|
|
Enron Mail |
Michael - Will this prepay be between Chase/Mahonia and ENA or ENGM and do
you have wiring instructions? Thanks. ---------------------- Forwarded by Mary Lynne Ruffer/HOU/ECT on 12/27/2000 09:25 AM --------------------------- Enron Global Finance From: Michael Garberding 12/22/2000 04:29 PM To: Mary Lynne Ruffer/HOU/ECT@ECT cc: John Griffith/Corp/Enron@Enron Subject: Mahonia/Stoneville Prepay Mary Lynne/John, Just wanted to follow up on my earlier e-mail. I re-ran my calculation for the Enron Cost of Funds/Deal Cost versus Libor. The following reconciles this calculation: Difference between Libor and ENE Cost of Funds $5,131,161 Difference between ENE Cost of Funds and Deal Spread (87.5 bps) $2,491,673 Total Difference between Deal and Libor $7,622,834 Sorry for the mistake and again, please let me know if there are any questions. Thanks. Mike ---------------------- Forwarded by Michael Garberding/HOU/ECT on 12/22/2000 04:16 PM --------------------------- Enron Global Finance From: Michael Garberding 12/22/2000 02:35 PM To: Mary Lynne Ruffer/HOU/ECT@ECT cc: John Griffith/Corp/Enron@Enron Subject: Mahonia/Stoneville Prepay Mary Lynne, Just wanted to updated you on the current prepay that is scheduled to close next thursday (28th) with Chase and Fleet. The prepay is anticipated as follows: Total Funds $330,000,000 Financing Expenses: Upfront to Banks $2,582,500 Surety Bonds $2,175,670 Total Fees $4,758,170 Anticipated Cash Flow $325,241,830 The anticipated reserve related to ENE cost of funds versus the prepay is estimated to be ($130,501) while the timing differential between delivery date and settlement date (55 days) is estimated to be ($2,949,879). Please let me know if you have any questions or need any additional information. Thanks again for your help. Michael 31864
|