RE: Richard Kahn / Epstein Total Return Swap [I (Andrew King ‹, 27 Jun 2016)

Subject: RE: Richard Kahn / Epstein Total Return Swap [I] From: Andrew King ‹ > Date: Mon, 27 Jun 2016 11:26:39 -0400 To: Vahe Stepanian Cc: Stewart Oldfield Daniel Sabba Joseph Dursi Classification: For internal use only Vahe, I've attached the basket we put together with the help mind working with Cap. Markets to determine the margin swap (Richard would like to keep it below 30% in order and the expected swap rate? Please let us know if you have any questions. of STG. Would you