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EFTA00662339.pdf

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From: "Barry J. Cohen" To: jeffrey E. <jeevacation@gmail.com> Subject: RE: FW: Leon Black Plane financing Date: Fri, 24 Feb 2017 00:03:02 +0000 Attachments: 2003_Gulfstream_G550_5012_Spec.pdf Current plane rate is about L+ 172 (but was higher in the first hear—like L+240). Original loan was 100% LTV. Art loan is L+125 Rates below reflect L+ 172-186. Attached are specs on the leasing option. As you say, very old G550. From: Jeffrey E. [mailtoleevacation@gmaitcom] Sent: Thursday, February 23, 2017 5:23 PM To: Barry J. Cohen • Subject: Re: FW: Leon Black Plane financing current plane rate.? art rate? that 550 is the first model . no chance. piece of garbage On Thu, Feb 23, 2017 at 11:14 PM, Barry J. Cohen <1 > wrote: This is for $30MM 2013 G550. See attached a leasing option for a plane in BofA's inventory. From: Snowberger, Megan E [mailto: Sent: Thursday, February 23, 2017 4:58 PM To: Barry J. Cohen Cc: Brady, CJ Subject: RE: Leon Black Plane financing Hi Barry, Thanks for reaching out on this. Below are some very high level ranges for an G550 aircraft of that year and purchase price. Please keep in mind we would need to see a spec sheet on the aircraft before drilling down in more detail. I have provided two different term options for example purposes. Term 60 months Advance Rate: 90% Balloon: $18MM-$14MM Fixed Rate: 3.55% -3.65% Payment: $220,000- $275,000 Floating Rate: 2.48% - 2.40% Payment: $196,000-$260,000 Term 84 months Advance Rate: 90% Balloon: $15.5 - $10.5MM Fixed Rate: 3.90% - 3.80% Payment: $208,000- $260,000 Floating Rate: 2.55%-2.60% Payment: $185,000 - $240,000 EFTA00662339 Additionally, I am not sure if your team has discussed leasing with CJ before, but we have a G550 available in our inventory that would may be a fit, but it is for Lease only. I have attached a lease quote for comparison purposes. This aircraft is an older vintage, but is on programs and there would be no residual risk. Let's plan to circle up with CJ next week when he returns to talk about some options. Best Regards, Megan Megan Snowberger Vice President Leasing Sales Specialist - Business Development • Please note my NEW office number PLEASE ASK ME ABOUT OUR AVAILABLE AIRCRAFT OPTIONS From: Barry J. Cohen [mailtod Sent: Thursday, February 23, 2017 8:16 AM To: Snowberger, Megan E Subject: FW: Leon Black Plane financing Megan: I see that CJ is out. Can you help? See below. From: Barry J. Cohen Sent: Thursday,February 23, 2017 8:07 AM To: Cc: Joe Avantario Subject: Leon Black Plane financing CJ: Leon is considering getting a new plane, and we would like ballpark estimates of what financing terms would look like. Assume it is a 2013 G550 costing $30MM. Can you help us? Barry Barry J. Cohen President and Special Counsel I Elysium Management, LLC I 445 Park Avenue Suite 1401 New York, NY 10022 This message, and any attachments, is for the intended recipient(s) only, may contain information that is privileged, confidential and/or proprietary and subject to important terms and conditions available at http://www.bankofamerica.com/emaildisclaimer. If you are not the intended recipient, please delete this message. EFTA00662340 please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00662341

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Filename EFTA00662339.pdf
File Size 150.7 KB
OCR Confidence 85.0%
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Text Length 3,859 characters
Indexed 2026-02-11T23:22:53.580325
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