Bloomberg code: CLM4 <comdty>
RNS Counterparty code: SOFL
SOFL buys $101 call
SOFL sells 493.5 put
Premium: Zero
Notional: 100,000 bbls on each leg
Both legs knock out if on any day cLNA fixes below S20/bbl.
Initial Margin = 13%
Tazia Smith
Director
Key client Partners - US
Deutsche Bank Securities, Inc.
Deutsche Asset & wealth management
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0110711
CONFIDENTIAL SDNY_GM_00256895
EFTA01453216