Enron Mail

From: m..presto@enron.com To: s..bradford@enron.com, joseph.deffner@enron.com Subject: Duke deal Cc: Bcc: Date: Wed, 11 Jul 2001 08:14:16 -0700 (PDT) As I discussed with Joe Deffner, the Duke transaction we recently completed (loan in a commodity deal), we were unable to get the "exception language" for collateral. We did the transaction at LIBOR - 10bp and even when we add 65-75 bp for the cost of an LC, the transaction still provided a competitive source of cash. The confirms we sent incorrectly placed the "exception language" and I am correcting that today.