Subject: Richard Kahn / Epstein Total Return Swap [I] From: Andrew King ‹ > Date: Fri, 24 Jun 2016 10:04:17 -0400 To: Vahe Stepanian Cc: Stewart Oldfield Classification: For internal use only Vahe, Stew spoke to Richard yesterday who would like to move forward on a $20MM total return swap on a basket of preferreds. We're going to put a basket together from the list of preferreds we originally provided, but I thought I'd check to see if Capital Markets might also be able to put together the basket for the swap. Also, what are next steps to provide indicative terms to Richard? Thanks in advance. Best regards, Andrew King fcid:image001.gif@OlD1AA1B.81C7AA001 Andrew King, CFA Vice President I Investment Solutions Group Deutsche Deutsche 345 Park Tel. Fax Mobile Email Bank Securities Inc. Asset & Wealth Management Avenue, New York, NY 10154 EFTA01417639 fcid:image002.gif@e1D1AA16.81C7AA001 EFTA01417640