Re: Cinergy Marketing ISDA Update

Should we send out a new draft without changing the guaranty language from
the original draft?

Russell Diamond
09/05/2000 11:10 AM

To: Sara Shackleton/HOU/ECT@ECT
cc:
Subject: Cinergy Marketing ISDA Update

Hello Sara,

I talked to Chuck Kaufmann in Cinergy's credit dept. concerning the ongoing
issues. Basically, he has agreed to the cross-default levels of 50/100
million. He is going to look further into the guaranty issue and get back to
me on this. I will keep you updated.

Thanks
Russell