EFTA00631442.pdf

From: "Barry J. Cohen" To: Jeffrey E. <jeevacation@gmail.com>, Brad Wechsler < Subject: FW: Jet Financing Date: Wed, 10 May 2017 19:27:49 +0000 Attachments: 3122 Aircraft Client.pdf UBS actually came in materially better on almost all terms: down payment, interest rate (65 bps lower), amortization. They want 3 years of tax returns, which seems like a nonstarter, but maybe that's negotiable. Does it amount to a lot of $? Maybe not. like to see if LDB wants us to push forward, and then we can engage more with UBS and other banks. From: (mak° Sent: Tuesday, May 09, 2017 10:46 AM To: Barry J. Cohen < Cc: Subject: Jet Financing Hi Barry, > Thank you again for the opportunity to compete on this business. UBS has teamed up with PNC Aviation Finance for jet financing. Please see attached factsheet. Here is a quick overview of what they might be able to do subject to review of financial information: • Aircraft: 2014 G550 • Borrower: An LLC TBD • Guarantor: Leon Black • Purchase Price: $52,000,000 • Loan Amount: Up to 95% of Purchase Price: $49,400,000 • Appraisal: Loan amount will not exceed 95% of The lower of Purchase Price or Appraised Value • Term : 5 or 7 Years • Amortization: 14 years • 5 Years Floating rate pricing: One month Libor plus 1.25 % to 150% TBD upon review of financial information • Fixed Rate pricing: 3.24% as of today • 7 Years Pricing: One month Libor plus 1.40% to 1.65% TBD upon review of financial information • 7 Year Fixed rate pricing: 3.55% as of today PNC Aviation Finance will require full financial disclosure including 3 years of tax returns with all Kl's, Personal Financial Statement and liquidity statements to move forward. Please review and let me know when you are ready to engage a banker. Best regards, Yanki Yanki Schori Managing Director UBS Financial Service Inc. EFTA00631442 Private Wealth Management 1285 Avenue of the Americas, 17th Floor New York, NY 10019 Tel. 212-713-3900 Toll 800-221-3650 EFTA00631443