can you please show us market where this bond can be sold
thank you
Richard Kahn
HBRK Associates Inc.
575 Lexington Avenue 4th Floor
New York, NY 10022
Begin forwarded message:
From: Stewart Oldfield
Subject: SF OTC trade on t to oo is
Date: February 6, 2 1 1 :10:25 PM EST
To: Richard Kahn
Rich,
Please see below. You have one outstanding OTC position on, which should be straightforward to
unwind. Note that it is hedging a bond you own. Thanks
From: Davide-A Sferrazza
Sent: Wednesday, Februar 06 2019 12:05 PM
To: Stewart Oldfiel
Subject: Southern Financial OTC trade on the books
Stew,
Southern Financial LLC (account holds EUR 2.5mm face of COFP 4.407 08/06/19:
MARKET POSITION FX
PRICE VALUE RATE POSITION
TRADE DATE (POSITION (POSITION (TO VALUE
QUANTITY DESCRIPTION CUSIP CCY) CCY) USDE) (USDE) TYPE
CASINO, GUICHARD-PERRACHON
SA ISINOR0011301480 4.407%
2,500,0000000 08/06/19 REG DTD 08/03/12 N/C F1413LCN4 99.6200 / 4e1).500 CO 1.14070 2.B4t.9i3.3S CORPORATE DEBT
We executed a EURUSD forward (v/d 06 Aug 19) that is still on the books. MtM is $87k in favor of client,
per latest valuation statement:
ft . Swan
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ARti :xi,
Systaryar
IOC
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0077643
CONFIDENTIAL SDNY_GM_00223827
EFTA01379830