EFTA02446893.pdf

From: Richard Kahn < > Sent: Tuesday, October 11, 2016 4:01 PM To: Jeffrey E. Subject: paul barret i spoke with paul on friday and he made the following =ecommendations after reviewing your bonds: a) Etrade - paul likes paper as it is =ixed for 10 years at 5.875% until 09-15-26 we =ere only able to purchase 500,000 bonds on offering - paul recommends =urchasing 2,500,000 more level from MS this am of =03.50 x 104.25 paul reviewed and said he would be =k to buy at 104.125 b) Bank of America 8.125% Pfd 12/29/2049 - paul advises that =e sell as it is callable in 2018 / also in 2018 it begins to float at =ibor + 364 which paul believes is 1% below todays levels level from DB this am was 102 x 103.25 for 3,000,000 =uantity paul reviewed and said he would be ok to =ell at 102.25 c) Frontier Communications 8.5% - paul thinks we should take =rofits level from DB this am was 107 x 108.10 for =,000,000 quantity paul ok to sell at =07.00 2 other =onds that paul likes are: a) Kindred Healthcare - =% 2020 Cusip 494580AE3 b) =clatchy 9% 2022 Cusip 579489AG0 still awaiting pricing =n those.. please advise if we should proceed with all of =ecommendations or only option a, b, or c thank =ou Richard Kahn HBRK Associates Inc. 575 Lexington =venue 4th Floor tel fax cell Begin forwarded message: EFTA_R1_01543637 EFTA02446893 From: =/b>"Barrett, Paul 5" ca Subject: =/b>RE: Date: =/b>October 7, 2016 at 2:05:16 PM =DT To: =/b>Richard Kahn la Hi Rich You around in 30 mins? Paul Barrett I Managing Director I Global Investment =pportunities Group I J.P. Morgan Securities LLC I J.P. =organ Private Bank I J.P. Morgan Chase Bank =.A. Floor, I F: <mato NOT AN OFFICIAL CONFIRMATION: For informational purposes only. =his report does not represent an official account of the holdings, =alances, or transactions made in your account and is being provided at your request. Please refer to your monthly account statement =or the official record of all of your account activities. For =uestion, please call your J.P. Morgan representative. In =iscussion of options and other strategies, results and risks are based =olely on hypothetical examples cited; actual results and risks will vary depending on specific circumstances. Investors are urged to =onsider carefully whether option or option-related products in general, =s well as the products or strategies discussed herein are suitable to =heir needs. In actual transactions, the client's counterparty for OTC derivatives applications is JPMorgan Chase Bank, =.A., and affiliates. For a copy of the "Characteristics and =irks of Standardized Options" booklet, please contact your =PMorgan Advisor. This email is =onfidential and subject to important disclaimers and conditions =ncluding on offers for the purchase or sale of securities, accuracy and =ompleteness of information, viruses, confidentiality, legal privilege, =nd legal entity disclaimers, available at http://www.jpmorgan.com/pages/disclosures/email. 2 EFTA_R1_01543838 EFTA02446894 From: Richard Kahn [mailto Sent: Friday, September 30, 2016 4:36 PM To: Barrett, Paul S Subject: Re: thank you shows you the great service =joke) we are getting without you.. Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor 2 • PM, =arrett, Paul S <mailt > wrote: Thanks As an FYI - The RBS T's were =ailed last week. Paul Barrett I Managing Director I Global Investment =pportunities Group I J.P. Morgan Securities LLC I J.P. =organ Private Bank I J.P. Morgan Chase Bank =.A. 3 EFTA_R1_01543639 EFTA02446895 320 Park Avenue, 14th Floor, New York, NY 10022 I T: _I F: mailto NOT AN OFFICIAL CONFIRMATION: For informational purposes only. =his report does not represent an official account of the holdings, =alances, or transactions made in your account and is being provided at your request. Please refer to your monthly account statement =or the official record of all of your account activities. For =uestion, please call your J.P. Morgan representative. In discussion of options and other =trategies, results and risks are based solely on hypothetical examples =iced; actual results and risks will vary depending on specific circumstances. Investors are urged to consider carefully =hether option or option-related products in general, as well as the =roducts or strategies discussed herein are suitable to their needs. In =ctual transactions, the client's counterparty for OTC derivatives applications is JPMorgan Chase Bank, N.A., and =ffiliates. For a copy of the "Characteristics and Risks of =tandardized Options" booklet, please contact your JPMorgan =dvisor. This email is confidential and =ubject to important disclaimers and conditions including on offers for the purchase or sale of securities, accuracy and completeness of =nformation, viruses, confidentiality, legal privilege, and legal entity =isclaimers, available at http://www.jpmorgan.com/pages/disclosures/email. From: Richard Kahn lmailto Sent: Friday, September 30, 2016 4:30 PM To: Barrett, Paul S Subject: attached is list for your review thank you Purchase 4 EFTA_R1_01543640 EFTA02446896 Quantity Asset Description Date Bank of America 8.125% Pfd 12/29/2049 05/10/11 3,000,000 JP Morgan Chase 7.9% Pfd 4/30/2049 05/10/11 3,000,000 'payment Inc 10.25% 5/15/2018 10/02/12 500,000 JPM Tr Flt Rate Income Fund 01/22/13 230,554.049 Citibank Preferred Ser C 5.8% 10/28/14 49,033.00 Citibank Preferred Ser C 5.8% 10/29/14 150,967.00 Citibank Preferred Ser K =.875% 2/3/14 79,000.00 JPM Trust FLT RT Income fund 5 EFTA_R1_01543641 EFTA02446897 = 02/13/13 172,709.589 Western Digital Corp 7.375% Matures 4-1-2023 06/09/16 2,000,000 Nationwide Society 6.875% GBP callable 6/20/2019 4/15/14 2,000,000 Charles Schwab 6.0% Preferred $25 par 7/27/15 40,000 Wells Fargo 5.7% Preferred $25 par 1/19/16 120,000 Ebay 6% Preferred $25 par matures 2-1-2056 2/22/16 80,000 Royal Bank Scotland 7.64% Fixed to 9-29.2017 then 3M =ibor +232bp 11/10/15 5,000,000 Goldman Sachs 5.375% Fixed to 5-10-2020 then 392.2 =ver 3 mo libor 6/4/15 5,000,000 Capital One 5.55% Fixed to 9-1-2020 then 380 over 3 =o libor 5/14/15 3,000,000 6 EFTA_R1_01543642 EFTA02446898 Bank of America 8.125% Pfd Dec 29 =049 1/10/11 2,000,000 Barclays Bank PLC 7.75% =110/2023 4/3/13 300,000 Citigroup Inc - Series Q 5.95% 8/6/15 3,000,000 Earthlink Inc 8.875% May 15 2019 10/22/12 146,000 Earthlink Inc 8.875% May 15 2019 10/23/12 600,000 Frontier Communications 8.5% 4/15/2020 7/6/15 3,000,000 General Electric Co GTD Fixed to Floate 4.0% =ec 15 2065 12/3/15 2,469,000 JP Morgan Chase & Co Pfd 7.9% April =0 2049 6/15/11 2,500,000 JP Morgan Chase & Co Pfd 7.9% April =0 2049 6/15/11 7 EFTA_R1_01543643 EFTA02446899 2,500,000 LBG Capital 12/29/49 5/21/13 1,903,000 Lloyds Bank 9.875% 12/16/2021 5/10/12 1,500,000 Southern Cal Edison 6.25% Dec 31 =049 1/30/12 3,000,000 GMAC Cap TR I GTD Pfd Sec Ser 2 8 2/22/12 80,000 Royal Bank Scotland Group PLC 7.25% Ser T 10/24/12 40,000 Royal Bank Scotland Group PLC 7.25% Ser T 1/7/13 40,000 Royal Bank Scotland Group PLC 7.25% Ser T 1/14/13 40,000 Washington Mutual Mtg 2004•RA2 cl CB1 var =/25/2033 11/19/13 625,690 8 EFTA_R1_01543644 EFTA02446900 Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 tel fa cell This email is confidential and =ubject to important disclaimers and conditions including on offers for =he purchase or sale of securities, accuracy and completeness of information, viruses, confidentiality, legal =rivilege, and legal entity disclaimers, available at http://www.jpmorgan.com/pages/disclosures/email This email is confidential and subject to important disclaimers and =onditions including on offers for the purchase or sale of securities, =ccuracy and completeness of information, viruses, confidentiality, =egal privilege, and legal entity disclaimers, available at http://www.jpmorgan.com/pages/disclosures/email 9 EFTA_R1_01543645 EFTA02446901