Enron Mail

From:jaime.williams@enron.com
To:louise.kitchen@enron.com
Subject:Origination to be granted to EdeM
Cc:susan.helton@enron.com
Bcc:susan.helton@enron.com
Date:Thu, 27 Sep 2001 10:14:29 -0700 (PDT)

Louise, we have been pre-paying the positions to some of our customers. Some of them have been selling swaps to get rid financially of the Pemex Fixed Price contract, and then re-purchasing the swaps. In some cases they are asking to get pre-paid, so we call treasury and calculate the NPV with the discoutn rate they give us ( Usually Enron's Cost of Funds).
However, I have been able to increase the discount rate in various cases, so that we offer a better alternative to the customer, than their own cost of funds. It has worked and I think we can increase our margins by keep on doing that.
Questions: Can we get credit for the origination on top of Enron's treasury rate ? If so, with whom should I speak to get it granted to EdeM ?

Best regards.