Re: Fwd: Libor
yes
--- DKIESQ@aol.com wrote:
Peg's e-mail relates to $22 mm of the $75 mm Bank
One line of credit, which
was drawn down on in three separate traunches of $50
mm, $3 mm and $22 mm.
The 10/27/06 date refers to the date on which the
most recent one-month LIBOR
election matures for the $3 mm traunch. I had asked
Dave Hammond if he could
make the $3 mm and $22 mm traunches co-terminous if
we decided that we
wanted to simplify matters that way. Apparently, he
has agreed and, if we want,
we can elect a LIBOR rate for the $22 mm of 5.82%
for the period ending
10/27/06. the same date on which the one-month
election ends for the $3 mm traunch.Should I tell Peg to proceed with a 10/27/06
end-date LIBOR election at
5.82% for the $22 mm traunch? Please advise.Darren K. Indyke
Attorney-At-Law
457 Madison Avenue
4th Floor
New York, New York 10022
Tel: 212-750-1176
Fax: 212-750-0381
e-mail: dkiesq@aol.com (mailto:dkiesq@aol.com)Confidentiality Notice: This communication and any
attachments contain
information from Darren K. Indyke, Esq. that
constitute attorney work product or
that are otherwise confidential and/or privileged.
Except for personal use by
the intended recipient, or as expressly authorized
by the sender, any person
who receives this information is prohibited from
disclosing, copying,
distributing, and/or using it. If you have received
this communication in error,
please immediately delete it and all copies, and
promptly notify the sender at
the above telephone number or electronic mail
address. Nothing in this
communication is intended to operate as an
electronic signature under applicable
law.Date: Wed, 04 Oct 2006 09:03:50 -0400
To: dKIESQ@aol.com
From: Peg Ugland pegu@naproperty.com
Subject: LiborHi Darren,
The 22 mil Libor comes due today. The rates are as
follows:30 days or 10/27/06 when 3 mil is due 5.82 60 days 5.35 90 days 5.37Please let me know what Jeffrey wants to do.
Thanks.
Peg
Do You Yahoo!?
Tired of spam? Yahoo! Mail has the best spam protection around
http://mail.yahoo.com