Re: Brazil CDS Payments

On Mon, Jan 4, 2016 at 1:04 PM, Richard Kahn < wrote:

attached is brazil CDS interest payment whereby we pay I% interest on 10,000,000 notional interest is for the period 9/21/2015 - 12/21/2015 = 91 days

10,000,000 x I% = 100,000 / 360 (used by bank) = 277.77 x 91 days = 25,277.78

please advise if ok to pay
thank you

Richard Kahn
HBRK Associates Inc.
575 Lexington Avenue 4th Floor
New York, NY 10022
tel
fax
cell

Begin forwarded message:

From: Ariane Dwyer
Subject: Brazil CDS and TWTR Payments
Date: December 31, 2015, 3:12:12 PM EST
To: Richard Kahn
Cc: Darren Indyke, Vahe Stepanian, Daniel Sabba

Hi Rich,

Happy New Year!

Can you please confirm the following:

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I. The below details of the quarterly Brazil CDS payment. Southern Financial pays a fixed rate of 1% per annum on a quarterly basis (executed confirm attached) and is due to pay DB $25,277.78

The below details of the TWTR monthly swap reset payment of $288,963.21

Once you confirm I will call Darren to verbally confirm the wire transfers.

Best,

Ari

Brazil CDS Quarterly Payment details

TWTR Monthly Payment Details

DB to Receive 288,963.21 USD

Interest: 1963.21 (LIBOR Rate-0.2438%)

Equity: 287,000.00

Reset Date: 28-December-2015

Value Date: 31-December-2015

Best,
Ari

Mane Dwyer
Analyst I Key Client Partners - US

Deutsche Bank Securities Inc
Deutsche Asset & Wealth Management
345 Park Avenue, 26
New York, NY 10154-0004
Tel.
Email

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