Re: Draft Lumber Swap

Are we also trying to put an ISDA in place?

Tanya Rohauer
02/09/2000 07:50 AM
To: Sara Shackleton/HOU/ECT@ECT
cc: Jeff Harbert/HOU/ECT@ECT
Subject: Re: Draft Lumber Swap

Just do it without any credit terms for now.

Sara Shackleton
02/08/2000 03:56 PM
To: Tanya Rohauer/HOU/ECT@ECT
cc:
Subject: Draft Lumber Swap

per my voice mail
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 02/08/2000
03:55 PM ---------------------------

Enron North America Corp.

From: Jeff Harbert 02/08/2000 02:03 PM

To: Jarrod Cyprow
cc: Sara Shackleton/HOU/ECT@ECT
Subject: Draft Lumber Swap

Jarrod,

Please prepare a draft ISDA swap agreement with the attached terms. Our
lumber group is needing this for their negotiations with Stora as soon as
possible.
It is my understanding the two companies are getting close to finalizing the
ISDA.
As we discussed, a template for settling lumber swaps using the CME Lumber
contract average last 3 trading day settle will be required.
If you need anything further or need clarification of anything, please call
me to discuss.

JH.