Enron Mail

From:kay.mann@enron.com
To:ben.jacoby@enron.com
Subject:RE: Northwestern
Cc:
Bcc:
Date:Wed, 14 Nov 2001 16:03:14 -0800 (PST)

I'm disappointed that GE didn't call. Must not have wanted to take the Enron credit risk.

I think we will also need to report it to the merger legal team, which I will take care of once we know what is up.

Kay

-----Original Message-----
From: Jacoby, Ben
Sent: Wednesday, November 14, 2001 5:58 PM
To: Mann, Kay; Booth, Chris; Clark, Catherine
Subject: Northwestern

Mike Young from NW called to advise me that they received GE's consent. NW plans to send us notice of this tomorrow. I believe this will trigger our obligation to pay NW the balance of payments we hold, discounted at 7.5 % p.a. I believe this means that we will need to pay NW $5.1 million of the $5.2 million we have been prepaid.

Let's talk about this in the AM.