Swaps + high dividends - an interesting combination... [C (Daniel Sabba, 10 Feb 2015)

Subject: Swaps + high dividends - an interesting combination... [C] From: Daniel Sabba <a> Date: Tue, 10 Feb 2015 19:31:10 -0500 To: jeffrey E. <jeevacation@gmail.com> Cc: Vahe Stepanian Paul Morris Richard Kahn Jay Lipman <jay.lipman@db.com> Classification: Confidential Jeffrey, We came across with the following structure that takes advantage of high dividends to finance the funding of an excess return swap with floored downside. I thought it was clever... Interested in hearing your