Subject: Re: Citi Preferred [C]
From: Richard Kahn ‹ >
Date: Thu, 06 Aug 2015 13:54:16 -0400
To: Vahe Stepanian
Cc: Paul V Morris
Daniel Sabba
Ariane Dwyer
Amanda Kirby
Darren Indyke
please work $3,000,000 order at 100.00 for Citi Preferred ()please email or
call Darren if you need to confirm
thank you
Richard Kahn
HBRK Associates Inc.
575 Lexington Avenue 4th Floor
New York, NY 10022
On Aug 6, 2015, at 12:19 PM, Vahe Stepanian a wrote:
> Classification: Confidential
Per our conversation:
<image001.jpg>
From: Vahe Stepanian
Sent: Thursday, August 06, 2015 12:13 PM
To: 'Richard Kahn'; Paul Morris
Cc: Daniel Sabba; Ariane Dwyer; Amanda Kirby
Subject: RE: Citi Preferred [C]
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Classification: Confidential
Rich - I checked in with our traders. We believe that you're referring to
the pref that I've detailed in the Bloomberg screenshot below.
Assuming this is the case, an indicative offer on $2-3mm is 100.125.
Should Southern Financial wish to purchase, it would be helpful to have a
firm level to work today.
I will follow up with a phone call.
Thank you,
Vahe
<image002.1pq>
*Used with permission of Bloomberg Finance LP
Original Message
From: Richard Kahn [mailto:
Sent: Thursday, August 06, 2015 11:54 AM
To: Paul Morris
Cc: Vahe Stepanian; Daniel Sabba
Subject: Citi Preferred
Paul just left you a message for your via Amanda
Can you please obtain a quote for Jeffrey on the following preferred:
Citibank (i believe it was issued yesterday) Pays a fixed 5.95% coupon for 5
yrs and then floats at L +409.50bps
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Quantity: TBD (assume 2-3mm)
Thank you
Richard Kahn
HBRK Associates Inc.
575 Lexington Avenue 4th Floor
New York, NY 10022
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