From: Barrett, Paul S < >
Sent: Friday, May 6, 2011 4:57 PM
To: Jeffrey Epstein
Cc: Giuffrida, David
Subject: Bond Portfolio
Jeffrey
Corporate Bonds = &n=sp; = YTM
Sprint Nextel = &n=sp; BB- 2016&n=sp; 5.58%
CIT Group =nbsp; &n=sp; B+ &n=sp; 2017 6.6=%
Peabody Energy &nb=p; BB+ &n=sp; 2016 =4.49%
Ford Motor Credit =nbsp; BB- = 2015 4.01%a:p>
Preferreds =nbsp; &nb=p; =nbsp; &nb=p; YTC
JPM 7.90% =nbsp; &nb=p; BBB+ &=bsp; &nbs=; 5.95% = </=:p>
Bank of America = BB+ &nbs=; &=bsp; 6.51%</=>
Barclays 8.125% &nbs=; A- &nbsr; &=bsp; 5.21%
l=would also put some money in the JPM High Yield Bond Fund with daily liqui=ity and a yield of 6.1%.
&nb=p;
Recommendation:
$5MM in the corporate bonds</=>
$5MM in the HY Bond Fund
$10MM in the Preferreds
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&nbs=;
Paul
class=MsoNormal>
=/o:p>
Paul Barrett, CFA
Managing Director
Global =nvestment Opportunities Group
JPMorga= Private Bank
40W 57th Street, 33rd F=oor, New York, NY 10019
This email is confi=ential and subject to important disclaimers and conditions including on of=ers for the purchase or
sale of securities, accuracy and completeness of i=formation, viruses, confidentiality, legal privilege, and legal entity
dis=laimers, available at http://www.jpmorgan.com/pages/disclosures/email=2E
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