MILS #809189 Classification: Confidential Eileen, Ada, Thank you for your time earlier this week. Attached is a Discussion Memo that provides you with a framework and our thought process for the loan. To help us further develop the structure and terms we would like your feedback as well as information to continue our due diligence on the borrower and collateral. we look forward to working with you on this financing and would be happy to answer any questions. Best, Laura [attachment "Black 4500MM Discussion Memo 7-25-13.pdf" deleted by Laura Farischon/db/dbcom] Laura Farischon managing Director Deutsche Asset & wealth Management 345 Park Avenue, 14th Floor New York, NY 10154 hone From: Paul Morris/db/dbcom To: ealexanderson@apollo-advisors.com, Ada Clapp, Cc: Laura Farischon/db/dbcom@DBANERICAS Date: 07/24/2013 12:18 PM Subject: thanks/follow-up Classification: Public Eileen/Ada, Nice to connect the other day. We look forward to continuing the dialogue and happy to provide a framework outlining our discussion. Please call with any uestions and we can run additional scenarios. Laura can be reached at Paul Morris Managing Director Deutsche Bank Private Bank 345 Park Avenue, 27th Floor New York NY 10154 Office: Cell: CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 103898 CONFIDENTIAL SDNY_GM_00250082 EFTA01448775