RE: Southern Financial - IA Request [I (Vahe Stepanian, 29 Jun 2016)

Subject: RE: Southern Financial - IA Request [I] From: Vahe Stepanian Date: Wed, 29 Jun 2016 08:23:57 -0400 To: Stewart Oldfield Cc: Daniel Sabba Andrew King Classification: For internal use only Stew, Please see below from the Global Markets team - take a look and let us know if you have questions. We will send to Rich Kahn shortly. Thank you, Vahe Following a lot of analysis, we can't do this swap on the basket as it isn't operationally feasible, however, this can be done as a se