Epstein Secrets

"Cambria","serif"">Here40=804>s an attractive Yield to Call opportunity that I wanted to show South=rn Trust Company. I've attached a still relevant Morgan Stan=ey note from earlier this year. Details:</=> Royal Bank of Scotland 7.64% Fixed-to-Float Preferred Shares<=> RBS 7.64% Perpetual Issuer:0 Royal B

thereafter=/u> Maturity: 4 4> Perpetual <=>Net Pri=e: 4 4) 105.25 Current Yield: 4> 40 7.2589% Yield to Next Call: 4> 4.6871% Some of Morgan Stanley's highlights:<=> 1.<=pan style="font:7.0pt "Times New Roman—> 40 They fundamentally like the credit and this is one of the most =iquid and highest y

an Stan=ey note from earlier this year. Details:</=> Royal Bank of Scotland 7.64% Fixed-to-Float Preferred Shares<=> RBS 7.64% Perpetual Issuer:0 Royal Bk Scotland Grp Plc Par Value: 4> $1,000 S=curity Type: Preferred Stock QDI/DRD Eligible4e Yes / Yes<=> Cumulative: Non-Cumulative Rating: B1 / B+ Coupon (Deta

fter Maturity: =nbsp; &n=sp; Perpetual Net==rice: &n=sp; &nbs=; 105.25 Current =ield: &n=sp; 7.2589% Yield to Next =all: =.6871% Some of Morgan Stanley's highlights: 1. They fundamentally like the credit and this is one of the =ost liquid and highest yielding legacy securities (old-style Ails) 2.

ant Morgan Stanley note from earlier this year. Details: Royal Bank of Scotland 7.64% Fixed-to-Float Preferred =hares RBS=7.64% Perpetual Issuer: Royal Bk Scotland Grp Plc Par=Value: =1,000 Security Type: Preferred Stock QDI/DRD =ligible Yes = Yes Cumulative: =on-Cumulative Rating: B1 / B+ 3 EFTA_R1_01597873

fter Maturity: =nbsp; &n=sp; Perpetual Net==rice: &n=sp; &nbs=; 105.25 Current =ield: &n=sp; 7.2589% Yield to Next =all: =.6871% Some of Morgan Stanley's highlights: 1. They fundamentally like the credit and this is one of the =ost liquid and highest yielding legacy securities (old-style AT1s) 2.

ier this year. EFTA_R1_01939811 EFTA02671084 Details: Royal Bank of Scotland 7.64% Fixed-to-Float Preferred =hares RBS=7.64% Perpetual Issuer: Royal Bk Scotland Grp Plc Par=Value: =1,000 Security Type: Preferred Stock QDI/DRD =ligible Yes = Yes Cumulative: =on-Cumulative Rating: B1 / B+ Coupon =Details): =.