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Enron Mail |
Carol St. Clair
EB 3892 713-853-3989 (Phone) 713-646-3393 (Fax) carol.st.clair@enron.com ----- Forwarded by Carol St Clair/HOU/ECT on 07/10/2000 06:37 PM ----- Rod Nelson 07/10/2000 10:30 AM To: Carol St Clair/HOU/ECT@ECT cc: Subject: Re: Deutsche Bank No problem on the crib. As for Mexico setoff, I am aware. I was under the impression that even setoff among common entities is questionable. My rationale is that we will almost certainly trade with any given cp through one Enron entity or the other, and not both. If I am wrong, we will manage the process internally (i.e. cut the cp's credit line in half). Rod Carol St Clair 07/10/2000 08:47 AM To: Rod Nelson/HOU/ECT@ECT cc: Subject: Re: Deutsche Bank Rod: Thanks. I expect to get a new draft of the Schedules from DB later today. As for the crib, it is perfect and Bill and a friend managed to put it together. Thanks so much for lending it to us. I'm hoping that we will have a child to put in it within the next week. As for Mexico, the issue there is that they do not recognize setoff in bankruptcy so that if deals are done with 2 different Enron counterparties we will not be able to setoff. Carol St. Clair EB 3892 713-853-3989 (Phone) 713-646-3393 (Fax) carol.st.clair@enron.com Rod Nelson 07/10/2000 01:21 AM To: Carol St Clair/HOU/ECT@ECT cc: Subject: Re: Deutsche Bank I will continue with this one, for as long as we can adapt to the time difference. I will approve the A/A2 minimum requirement. Did Bill get the crib together? Rod Carol St Clair 07/07/2000 10:12 AM To: Rod Nelson/HOU/ECT@ECT cc: Subject: Deutsche Bank Rod: I don't know if you are still handling this. We are close to getting this finalized. One credit comment from them that I need someone's thoughts on. They want the Issuer of LC's to maintain a credit rating of A from S&P and A2 from Moody's. We usually put A- and A3. are you okay with this? If I need to run this by someone else please let me know. Carol St. Clair EB 3892 713-853-3989 (Phone) 713-646-3393 (Fax) carol.st.clair@enron.com
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