EFTA Document EFTA01421210

Subject: Re: Boods to seil [C] From: Richard Kahn <O > Date: Mon, 11 Feb To: Liam Osullivan Cc: Darren Indyke Jeanne Brennan Stewart Oldfield Martin Zeman Davide-A Sferrazza thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 On Feb 11, 2019, at 2:39 PM, Liam Osullivan > wrote: Classification: Confidential Darren and Rich, The remaining 2 positions have been sold. I have also included the 2 small FX trades. TRADE DATE STLMNT DATE BUY/SELL QUANTITY SEC. DESCRIPTION CUSIP PRICE PRINCIPAL INTEREST FEES TRANS. CCY NET AMT. (TRANS. CCY) 2/11/2019 2/13/2019 BUY EFTA01421210 49.0000 JAPANESE YEN CURRENCY JPY999993 110.34950000 -0.44 0.00 0.00 USD -0.44 2/11/2019 2/13/2019 BUY 42.5700 EURO CURRENCY EUR999995 1.12830000 -48.03 0.00 0.00 USD -48.03 2/11/2019 2/13/2019 SELL -2,469,000.0000 GENERAL ELEC CO GTD FXD-TO-FLTG RT NON-CUMULATIVE PERPETUAL PREFERRED 4.000% 12/03/65 REG DTD 12/03/15 CLB 3696048M4 68.50000000 1,691,265.00 -15,911.33 6.00 USD 1,707,170.33 2/11/2019 2/13/2019 SELL -3,000,000.0000 SOUTHERN CALIF EDISON CO PREF SER E 6.250% 01/17/62 B/E DTD 01/17/12 CLB 842400FU2 93.50000000 2,805,000.00 -6,250.00 6.00 USD 2,811,244.00 EFTA01421211 Prepared on 02/11/2019 Source: Pershing NetX 360 Unofficial trade confirmations use information from sources that the firm believes to be reliable, but Deutsche Bank Securities Inc. cannot guarantee the accuracy of this information, or the reliability of these sources. Please refer to your official account statements and confirmations for all trade information Thank you, Liam <image001.gif> Liam O'Sullivan Investments & Trading I Institutional Wealth Partners DB Securities Inc Deutsche Bank Wealth Management 345 Park Avenue, New York, NY 10154-0004, USA Emai Visit us: http://deutschewealth.com. <image002.gif> IWP products and services are intended for and available only to sophisticated, experienced investors who qualify as "institutional accounts" under FINRA Rule 4512(c)(3), and are capable of evaluating the investment benefits and risks of, and exercising independent judgment in evaluating and determining whether to enter into, sophisticated trading strategies and financial transactions. Transactions are subject to relevant internal approvals of Deutsche Bank or its affiliates prior to execution, and no transaction, idea or opportunity discussed herein may be executed unless you are a client of Deutsche Bank and of the Institutional Wealth Partners group (IWP). Material herein regarding IWP products, investment ideas and solutions is for discussion purposes only. While brokerage services offered through the IWP Americas desk may include investment recommendations and brokerage advice, IWP does not provide investment management or investment advisory services, and private market opportunities and other products and services available through IWP are offered only on a non-advisory basis. This communication is confidential and personal to you, solely for your information and for discussion purposes only, and does not create any legally binding obligation. Reproduction or distribution of any material herein without our written consent is strictly forbidden. EFTA01421212 From: Liam Osullivan Sent: Monday, February 11, 2019 2:11 PM To: 'Richard Kahn' ffi ; Darren Indyke ( Cc: 'Jeanne Brennan' Sferrazza Subject: RE: Boods to sell [C] ›; Stewart Oldfield ; Martin Zeman Davide-A Classification: Confidential Darren and Rich, So far we have sold 3 of the bonds. We are still working on the remaining 2 positions. TRADE DATE STLMNT DATE BUY/SELL QUANTITY SEC. DESCRIPTION CUSIP PRICE PRINCIPAL INTEREST FEES TRANS. CCY NET AMT. (TRANS. CCY) 2/11/2019 2/13/2019 SELL -1,000,000.0000 DEUTSCHE BANK AG NTS SIN. 4.296% 05/24/28 B/E DTD 05/24/13 CLB 87.84800000 878,480.00 -9,427.33 6.00 USD 887,901.33 2/11/2019 EFTA01421213 2/13/2019 SELL -1,000,000.0000 DEUTSCHE BK AG N Y BRH VAR ISIN# 4.875% 12/01/32 B/E DTD 12/01/17 CLB 81.35000000 813,500.00 -9,750.00 6.00 USD 823,244.00 TRADE DATE STLMNT DATE BUY/SELL QUANTITY SEC. DESCRIPTION CUSIP PRICE PRINCIPAL INTEREST FEES TRANS. CCY NET AMT. (TRANS. CCY) 2/11/2019 2/13/2019 SELL -1,000,000.0000 BUCKEYE PARTNERS L P FIXED TO FLTG RATE NT 6.375% 01/22/78 B/E DTD 01/22/18 CLB 85.75000000 857,500.00 -3,718.75 6.00 USD 861,212.75 Prepared on 02/11/2019 Source: Pershing NetX 360 Unofficial trade confirmations use information from sources that the firm believes to be reliable, but Deutsche Bank Securities Inc. cannot guarantee the accuracy of this information, or the reliability of these sources. Please refer to your official account statements and confirmations for all trade information Also, the following positions were transferred from the SFLLC account to TD EFTA01421214 Ameritrade today: 5,000 BABA 3,000 GOOG 1,000 AMZN 2,095 BIIB 25,000 CVNA 25,000 KPTI 15,000 UTX Thank you, Liam <image001.gif> Liam O'Sullivan Investments & Trading I Institutional Wealth Partners DB Securities Inc Deutsche Bank Wealth Management 0154-0004, USA Visit us: http://deutschewealth.com. <image002.gif> IWP products and services are intended for and available only to sophisticated, experienced investors who qualify as "institutional accounts" under FINRA Rule 4512(c)(3), and are capable of evaluating the investment benefits and risks of, and exercising independent judgment in evaluating and determining whether to enter into, sophisticated trading strategies and financial transactions. Transactions are subject to relevant internal approvals of Deutsche Bank or its affiliates prior to execution, and no transaction, idea or opportunity discussed herein may be executed unless you are a client of Deutsche Bank and of the Institutional Wealth Partners group (IWP). Material herein regarding IWP products, investment ideas and solutions is for discussion purposes only. While brokerage services offered through the IWP Americas desk may include investment recommendations and brokerage advice, IWP does not provide investment management or investment advisory services, and private market opportunities and other products and services available through IWP are offered only on a non-advisory basis. This communication is confidential and personal to you, solely for your information and for discussion purposes only, and does not create any legally binding obligation. Reproduction or distribution of any material EFTA01421215 herein without our written consent is strictly forbidden. From: Liam Osullivan Sent: Monday, February 11, 2019 11:02 AM To: 'Richard Kahn' Cc: Jeanne Brennan Martin Zeman Davide-A Sferrazza Subject: RE: Boods to sell [C] Classification: Confidential Rich, The indicative bids are: BPL 6 1 01/22/78 118230ASO 1mm 85.75 DB 4 1.g 12/01/32 251526BN8 1mm 81.35 DB 4.296 05/24/28 251525AM3 1mm 86.70 GE 4 PERP 369604BM4 2,469m 68.50 EIX 6 14 PERP 842400FU2 3mm 93.50 Thank you, Liam <image001.gif> Liam O'Sullivan Investments & Trading I Institutional Wealth Partners DB Securities Inc Deutsche Bank Wealth Management 345 Park Avenue, New York, NY 10154-0004, USA Visit us: http://deutschewealth.com. <image002.gif> IWP products and services are intended for and available only to sophisticated, experienced investors who qualify as "institutional accounts" under FINRA Rule 4512(c)(3), and are capable of evaluating the investment EFTA01421216 benefits and risks of, and exercising independent judgment in evaluating and determining whether to enter into, sophisticated trading strategies and financial transactions. Transactions are subject to relevant internal approvals of Deutsche Bank or its affiliates prior to execution, and no transaction, idea or opportunity discussed herein may be executed unless you are a client of Deutsche Bank and of the Institutional Wealth Partners group (IWP). Material herein regarding IWP products, investment ideas and solutions is for discussion purposes only. While brokerage services offered through the IWP Americas desk may include investment recommendations and brokerage advice, IWP does not provide investment management or investment advisory services, and private market opportunities and other products and services available through IWP are offered only on a non-advisory basis. This communication is confidential and personal to you, solely for your information and for discussion purposes only, and does not create any legally binding obligation. Reproduction or distribution of any material herein without our written consent is strictly forbidden. From: Richard Kahn [mailto: Sent: Monday, February 11, 2019 9:43 AM To: Liam Osullivan <Liam.osullivan@db.com> Cc: Jeanne Brennan ; Stewart Oldfield Subject: Boods to sell can you please obtain pricing to sell these positions.. thank you Southern Trust Co. - Fixed Income (DB) Buckeye Partners Fixed to Float 6.375% Callable 1/22/23 1,000,000 Southern Financial LLC - Fixed Income (DB) EFTA01421217 Deutsche Bank AG 4.875% exp 12/1/2032 1,000,000 Deutsche Bank AG 4.296% exp 5/24/2028 1,000,000 General Electric Co GTD Fixed to Float 4.0% Dec 15 2065 2,469,000 Southern Cal Edison 6.25% Dec 31 2049 3,000,000 Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. Please refer to https://db.com/disclosures for additional EU corporate and regulatory disclosures. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. EFTA01421218