EFTA00678692.pdf

From. AleAtinde.s.in ad. To: mjeevacationggmail.comm <jeevacationggmail.com> Subject: Re: banks Date: Fri, 09 Aug 2013 22:02:50 +0000 David Cunn, lender in the group that services PE guys as opposed to where Justin sits in the group that services HF guys. Spoke to Elyse yesterday about something we needed related to the '97 Trust. She had emailed Ada earlier in the week asking what's next. I told Ada to tell her you were driving this bus. I will send you Ada's witty response just for fun. From: Jeffrey Epstein [mailto:jeevacation@gmail.com] Sent: Friday, August 09, 2013 05:28 PM Eastern Standard Time To: Subject: Re: banks who at jpm did you speak with? , have you spoken to carlyn or eiTas.? On Fri, Aug 9, 2013 at 3:25 PM, > wrote: Spoke to Justin Nelson yesterday. He said they typicall don't lend on private units like AOG units but they might for Leon. Said they have done loans in the $300400 range but not at the $lbil level. Re pricing-150-250 bps over LIBOR (this compares with present B of A line at 125 over and DB quote 175-200 over) for 1-2 yrs. Typically 50% advance on art. No term sheet until they see Leon's financials 2-3 weeks turnaround for due diligence to get to term sheet John Duffy, head of JPM Private Bank,apparently gave the team that normally covers me a heads upon my contact with Justin and my coverage person called this mom with his lender who services the financial sponsor group which allowed for a bit more detail. Comments are as follows: Would like art better than partnership interests as collateral -Can give a longer term using art ie 5-7 yrs possibly -No cleanup required as with unsecured line -can make it a revolver $400-500 mil level is comfortable $500mil is a big # for any bank Higher than that - would suggest using JPM as an agent and then syndicating. If money was only needed for 3mos JPM can hold and then if not repaid syndicate at that point (doubt we would want to do this) EFTA00678692 He said JPM has a program with Apollo senior employees in which they will lend 70% of the value of certain PE funds for 7yrs, interest only that can be locked in at L + 200 bps He was pretty conversant on the AOG units, understands the challenge attached to using them or other PE interests especially if inside the FLP. But since he also made reference to unsecured possibilities, I asked if they would be willing to extend credit based on the expected cashflow from the LP interests. He said 'possibly'. But probably in conjunction with 'Leon's balance sheet'. No term sheet until they see Leon's net worth statement. JPM is and always has been hungry for a personal relationship with Leon but this will be easier to do with DB and we are further down the road with them. Best, • Elleen-Aleitendersett Black Family Partners. L.P. Go Apollo Management 9 W 57th Street New York NY 10019 phone: 2iaiiiie•eeil email: °ale 1%y PUOU-clUVIbUtb. This email and any files transmitted with it are confidential and intended solely for the person or entity to whom they are addressed and may contain confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon this information by persons or entities other than the intended recipient is prohibited. If you have received this email in error please contact the sender and delete the material from any computer. Apollo Global Management, LLC 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 Jeffrey Epstein 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 EFTA00678693 This email and any files transmitted with it are confidential and intended solely for the person or entity to whom they are addressed and may contain confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon this information by persons or entities other than the intended recipient is prohibited. If you have received this email in error please contact the sender and delete the material from any computer. Apollo Global Management, LLC EFTA00678694