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Enron Mail |
Cliff,
Did we ever produce this? I thought we decided to wait and see if we were going to use bonds. If it exists, is there any reason why a potential buyer of Cuiaba should not see it? Tracee - There is documentation on the KFW hedge as you know. The only thing we could provide on the OPIC loan is a requirement of the lenders to be fixed which would be in the CTA if it was required in this instance (or the other OPIC documents). It could be that the only requirement was in the OPIC FOGA which originally required us to be fixed within 12 months of funding. However, we modified this and now we must select either a Citibank bank loan which would be fixed prior to funding by a swap or if we issue bonds they will be fixed rate. Please see FOGA. ---------------------- Forwarded by Rob G Gay/NA/Enron on 01/17/2001 04:06 PM --------------------------- Richard A Lammers 01/17/2001 03:32 PM To: Tracee Bersani@EES cc: Rob G Gay/NA/Enron@Enron Subject: Description of Interest Rate Hedging for Petrobras sale Just a reminder that I need you to describe the interest rate hedging in place for the KFW and OPIC loans.Petrobras has asked for these agreements and Rob said there are no agreements in place so we need to provide a written description of the arrangements in lieu of the agreements. In addition we were asked to provide a copy of the Citibank offering memo for the OPIC bonds if one exists
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