From: Stewart Oldfield Sent: 1/31/2017 10:37:59 AM To: Daniel Sabba CC: Vahe Stepanian Subject: RE: Ill Todd Stevens Darlene Zong Classification: For internal use only Thanks. And since he is a federal (but not state or local) taxpayer, we could even show him taxable bonds. Feedback is that he is interested in learning more about the structure before looking at any specific bonds. Let's get him a good overview today Thanks From: Daniel Sabba Sent: Tuesday, January 31, 2017 10:33 AM To: Todd Stevens; Stewart Oldfield Cc: Vahe Stepanian; Darlene Zong Subject: FW: [I] Classification: For internal use only FYI — this might be helpful in your conversation — we discussed AB financing with JE in April 2015. Let Vahe and I look through our notes for the feedback we received. From: Daniel Sabba Sent: Wednesday, April 29, 2015 2:45 PM To: jeffrey E. Cc: Paul Morris; Vahe Stepanian; Ariane Dwyer; Richard Kahn Subject: [I] Classification: For internal use only Jeffrey - we would like to discuss this financing of tax exempt debt with you when you have a moment. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0086963 CONFIDENTIAL SDNY_GM_00233147 EFTA01385649