Enron Mail

From:dave.fuller@enron.com
To:tori.kuykendall@enron.com, dan.hyvl@enron.com, anne.bike@enron.com
Subject:Mesa Restructure
Cc:
Bcc:
Date:Fri, 19 Jan 2001 03:25:00 -0800 (PST)

I have a proposed restructuring transaction with City of Mesa, Arizona. It
works like this:

1) Half their volume is currently priced at 3.74 (fixed, physical deal with
us)
2) That deal runs through July 01
3) I want to reprice that deal at a higher price and use that equity to
finance a discount to index for an extra six months.
4) They will do one of two transactions (shown below) one extends half the
volume one extends the full volume.




I need help with a couple of things:

1) Since they canceled their Enfolio Agmt. can I get a contract from legal
that will allow us to transact without it.
2) How do we get this deal in Mike's book and the risk system

Thanks,

Dave Fuller
503-464-3732