Enron Mail

From:rod.hayslett@enron.com
To:james.saunders@enron.com, a..howard@enron.com
Subject:Re: FW: comments on footnotes
Cc:
Bcc:
Date:Sun, 18 Nov 2001 08:05:22 -0800 (PST)

That is one of the things we are working on. At this point in time Dynegy will be responsible for this debt, if theyexercise their rights under the preferred stock agreements, which would leave them with common pledged to the lenders. The price they paid recognized the debt was there, if it is not there, the price will be higher. Suffice it to say all of these things will be tken care of before it funds.
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)