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Enron Mail |
Richard:
Further to my message below, after speaking with Sheila, it appears that the Securities Loan Agreement that ENA will sign (hopefully tomorrow) is actually the same agreement to be used by Enron Credit Inc. ("ECI"). I think we can have this assigned from ENA to ECI. We will have to get a new guaranty from Enron Corp. I still do not know anything about the Bear guaranty that you mentioned in your email. Please advise. Also, please verify for me which office will prepare confirmations for ECI. If it is London, is there a services agreement in place between ENA and EI? 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 02/20/2001 04:05 PM ----- Sara Shackleton 02/20/2001 09:23 AM To: Richard Sage/LON/ECT cc: Tanya Rohauer/HOU/ECT@ECT Subject: Re: Transfer of bond business from ENAC to ECI Richard: Your deadlines for the securities loan agreement for and related guaranties are impossible to meet (2/16/01 was last Friday). The same agreement with ENA has yet to be completed due to protracted negotiations. Please advise as to who in credit approved the USD25million Enron Corp. guaranty on behalf of ECI. Also, FYI, Bear will not provide a reciprocal guaranty for ENA. 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 Richard Sage 02/18/2001 09:07 PM To: Sheila Glover/HOU/ECT@ECT, Tom Doukas/NA/Enron@ENRON, David A Wall/Risk Mgmt/LON/ECT@ECT, Ian Sloman/LON/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Richard Kerr/Corp/Enron@ENRON, Stephanie Panus/NA/Enron@Enron, Teresa Callahan/Enron@EnronXGate, Sue Kelly/LON/ECT@ECT, Stephen Bell/LON/ECT@ECT cc: Denis O'Connell/LON/ECT@ECT Subject: Transfer of bond business from ENAC to ECI All, So that everyone can see what everone else is doing, below is the list of steps of which I am aware. I think quite a few of these were completed in Houston on Friday. Please shout if: - I have missed anything - Any deadlines are unrealistic - Anybody else should be copied in etc Thanks, Richard
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