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Enron Mail |
Hi Stephanie,
The counterparty is Harrah's Operating Company, Inc. (Rated BBB-) and they are domesticly based. They would be buying a 2 year plain-vanilla fixed price swap (the volume is small; 10,000 MMBtu/month). I understand ENA would prepare & send-out the confirm. Thanks! Ken Stephanie Panus@ENRON 01/29/2001 11:58 AM To: Ken Rubeli/HOU/EES@EES cc: Subject: Re: Long-form Confirmation Ken, Are they looking for a "sample" confirmation to see what it will look like? In speaking with Brent Hendry, an attorney in our group, we need to know more information about this counterparty and the type of trades they will be doing before sending out anything. Our forms vary depending on the type of counterparty and trade being done, and may look different depending on credit terms. Also, if the trade is going to be done in the name of ENA, then ENA needs to prepare and send out the confirmation. Can you send us what information you have on the counterparty/trade? If you have any questions, please contact myself or Brent Hendry. Thanks. Ken Rubeli@EES 01/29/2001 11:40 AM To: Stephanie Panus/NA/Enron@Enron cc: Subject: Long-form Confirmation Stephanie, As discussed, please send a copy of ENA's standard long-form swap confirmation. We have a customer who is potentially going to trade with ENA and they'd like to review the confirm as soon as possible. Thanks for your help. Ken Rubeli
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