EFTA01878808Set 10
2012-06-272p218w
stock
Coupon: 7.125 to 6/15/22: then 3mL+529.6 bps
Maturity: Pcrp
Price: $105.75
YTC: 6.34%
Cusip: 369622SN6
Sector: Financial
Relative Value:
GE 4.65 SNR 10/21 @ 3.25% YTM (Pickup over ... call)
JPM 7.9 PFD @ 5.90% YTC
WFC 7.98 PFD @ 5.67% YTC
PNC 6.75 PFD @ 5.89% YTC
EFTA_R1_00290021
EFTA01878808
SCHW 7 PFD @ 5.83% YTC
USB 6.5 PFD @ 5.14% YTC ... YTC(L+228.9bps backend)
Paul Barrett, CFA
Managing Director
Global Investment Opportunities Group
JPMorgan Private Bank
nue, 14th Floor, New York, NY 10022
(W) (F)
NMLS ID# 853441
This
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01878808.pdf
EFTA01983092Set 10
2012-06-273p300w
stock
Coupon: 7.125 to 6/15/22; then 3mL+529.6 bps
Maturity: Pup
Price: $105.75
YTC: 6.34%
Cusip: 369622SN6
Sector: Financial
EFTA_R1_00472537
EFTA01983093
Relative Value:
GE 4.65 SNR 10/21 ... Pickup over 300 bps to call)
JPM 7.9 PFD @ 5.90% YTC
WFC 7.98 PFD @ 5.67% YTC
PNC 6.75 PFD @ 5.89% YTC
SCHW 7 PFD @ 5.83% YTC ... YTC
GE 6.375 67 @ 5.56% YTC(L+228.9bps backend)
Paul Barrett, CFA
Managing Director
Global Investment Opportunities Group
1PMorgan Private Bank
320 Park Avenue, 14th Floor, New York
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01983092.pdf
EFTA00680703Set 9
2016-10-262p707w
provides the longest call protection period among GS $1000 par Ails with a 4.9% YTC and 135
bp spread to 10 year senior ( spread to senior has compressed about ... Perp-21, Fixed for Life (GS.N) provides a current yield of 5.8% and a YTC of 4.17%, TE YTC of 5.75%.
GS 5.95% Perp-17, Fixed for Life (GS.I) provides ... YTC of 2.9% (TE YTC of 4.0%) and a current yield of 5.78%. If called, GS.I
will provide a good return for 13 month exposure
https://www.justice.gov/epstein/files/DataSet%209/EFTA00680703.pdf
EFTA00840385Set 9
2015-11-184p1,424w
trigger). Two
such examples that we've highlighted:
SocGen 6.00 2049 (Offer Px- 95.51, YTC - 7.26%)
• The bond is a non call 5y (NC5) structure with first call date ... call all institutional deals on first call date)
SEB 5.75 2049 (Offer Px - 99.26, YTC - —6.0%)
• The bond is a non call 5y (NC5) structure with first call date ... Pricing is indicative as of today, 11/18/2015.
Nxt Call B Px A Px B YTC B CUR Floats Notes
AXP 5.20 11/15/19
https://www.justice.gov/epstein/files/DataSet%209/EFTA00840385.pdf
EFTA01380743Set 10
2020-01-271p661w
trigger).
Two such examples that we've highlighted:
SocGen 6.00 2049 (Offer N- 95.51, YTC - 7.26%1
• The bond is a non call Sy (NC5) structure with first call date ... call all
institutional deals on first call date)
SEB 5.75 2049 (Offer Px - 99.26, YTC - - 6.0%)
• The bond is a non call Sy (NC5) structure with first call date ... Pricing is indicative as of today, 11/18/2015.
Nxt Call B Px A Px B YTC B CUR Floats Notes
AXP 5.20 11/15/19
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01380743.pdf
EFTA02029821Set 10
2020-10-1524p12,977w
LIST the sector, as well as one of the few secured bonds.
• Attractive YTC. We expect these bonds to be refinanced on the first call date
(11/15/15) at $106.844. With ... Moody's: Bat; Outlook, N
Offered at S106 (5.4%); Target: $108 (2.4%) YTC
S&P: BB-; Outlook, S
Credit and Investment Highlights:
Retail • Toys R Us is an international ... points of upside for this to trade in line with other YTC bonds.
• TOY is focused on improving gross margins and continuing its side-by-side store
roll out, which
https://www.justice.gov/epstein/files/DataSet%2010/EFTA02029821.pdf