Enron Mail

From:nidia.mendoza@enron.com
To:stephanie.panus@enron.com
Subject:RE: Louis Dreyfus Plastics
Cc:sara.shackleton@enron.com
Bcc:sara.shackleton@enron.com
Date:Wed, 28 Feb 2001 08:42:00 -0800 (PST)

Here are my comments/changes to your revised draft.

1. Change Louis Dreyfus Plastics L.L.C. to Louis Dreyfus Plastics LLC (no
commas or periods in the name) in the entire agmt. including guaranties.

2. In "Party required to deliver document" for party B p. 4, Please
rephrase the section for annual audited consolidated financial statements to
apply only to the credit support provider of Party B, Party B itself is
unable to comply with this requirement because it doesn't have its own
financial statements.

3. Under section "Credit Support Provider" please change Louis Dreyfus Corp.
to Louis Dreyfus Corporation (just to be consistent according to their
sample gty. format)

4. Lous Dreyfus Plastics LLC asked to add a section titled "Limitation of
Rate" to Schedule A and you have an OK next to it on your memo Louis Dreyfus
Plastics LLC dated 2/21/01 Are you going to add this clause? I could not
find it. Please let me know.

5. I'm missing Exhibit B (Gty. form from party B) I faxed you the sample
format I received from them for your review, please let me know if it will be
provided in the near future.

FYI
Enron's credit rating will be only S&Ps and our gty. should be for financial
transactions only.

Everything else looks fine with me.

Thanks for all your work on this matter,

Nidia A. Mendoza
Credit Staff
Enron Corp.
1400 Smith St., Suite 2858A
Houston, TX 77002
Tel: 713/853-4868
Fax: 713/853-9476







-----Original Message-----
From: Panus, Stephanie
Sent: Tuesday, February 27, 2001 10:30 AM
To: Mendoza, Nidia
Cc: Shackleton, Sara
Subject: Louis Dreyfus Plastics

Nidia,

Please review the attached revised Master for Louis Dreyfus Plastics to
confirm your credit changes. Also, will our credit rating be only S&P and
not Moody's and will our guaranty be for financial only?

Thanks,
Stephanie

<< File: 049Bctr(l d plastics).doc <<