Enron Mail

From:sara.shackleton@enron.com
To:brant.reves@enron.com, frank.sayre@enron.com
Subject:Re: Glencore
Cc:
Bcc:
Date:Mon, 5 Mar 2001 03:23:00 -0800 (PST)

Sorry! Please ignore my prior message.

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas 77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com
----- Forwarded by Sara Shackleton/HOU/ECT on 03/05/2001 11:22 AM -----

Sara Shackleton
03/05/2001 11:21 AM

To: Frank Sayre/ENRON_DEVELOPMENT, Brant Reves/Enron@EnronXGate
cc:
Subject: Re: Glencore

Frank: Brant's worksheet contains the remaining items for the amendment to
the ISDA Master Agreement.

Brant: Your credit worksheet is in the name of "Glencore Ltd.". Since
we're amending the master to reflect Glencore's home office as our
counterparty, please verify that your credit is appropriate for "Glencore SA".

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas 77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com
----- Forwarded by Sara Shackleton/HOU/ECT on 03/05/2001 11:16 AM -----

Brant Reves
02/23/2001 11:14 AM

To: Sara Shackleton/HOU/ECT@ECT
cc: Dan J Hyvl/HOU/ECT@ECT
Subject: Re: Glencore

Sara,

Here is a credit worksheet detailing the changes we should include in the
ISDA amendment.



Dan,

I am forwarding by interoffice mail (i do not have an electronic copy) a
physical/financial guaranty for your review. As of now, they do not transact
with Enron in the physical markets, but they may in the future. Please
review...

thanks
brant





Sara Shackleton
02/23/2001 09:48 AM
To: Brant Reves/HOU/ECT@ECT
cc:
Subject: Glencore



ENA will review CP's form of guaranty and comment; Brant will circulate
guaranty to a physical lawyer and advise him that financial is also
reviewing. I spoke with David Porter and we have decided to amend the ISDA
to acknowledge that all three branches can transact under the existing
Glencore Ltd. master agreement. The use of several different corporate
designations (Ltd., SA, AG) is confusing CP's trading partners in the U.S.

Click on this link to view the document in the Financial Trading Agreements
database--<