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Enron Mail |
Lee,
Please review the attached GTC confirm to see if this is what you want. I talked to Darren Vanek about this last evening and he had no problem in structuring the transaction in this manner. Lee L Papayoti 05/23/2001 03:54 PM To: Rudwell Johnson/NA/Enron, Dan J Hyvl/HOU/ECT@ECT cc: Subject: Roche Vitamins, Inc. - Freeport I am working with Roche Vitamins, who are trying to trigger a fixed price for the remaining term of their HPL contract, from June01 to Feb02. They want to trigger a fixed price for about 400 MMBtu/d. Rudwell - we discussed a collateral threshold of $100,000 with this entity, based on the limited information that we have received from this privately held company. I assume this is still correct? Dan - could you send me some draft language that we would insert into the HPL contract for the collateral threshold matter??? It is a typical HPL physical contract (HPL already has the right to request payment securities for good cause) - if you don't already have a copy of the contract, let me know and I'll fax it to you. Roche want to review the language and get it approved internally before doing anything. Thanks Lee
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