Epstein Secrets

al margin be posted if/when necessary. Guarantor: Minimum Net Worth, Minimum Liquidity, Minimum Liquidity at DB Borrower: To main 100% ownership of Navarro interest in the Carolina Panthers at all times. No additional indebtedness. Credit One : [TBD] Other Assets: Net Worth, [XX%] decline in eamings

For internal use only EFTA01394832 9. Mitigating factor(s) Sherman Financial Group 1) RDC alert re: NY Settlement Mitigants: • On 3/6/2018, Navarro confirmed to MD Joanne Jensen that everything has been settled for this case — fines are paid, subject cases were exited accordingly and they conti

nation's largest privately held consumer finance company, generating over $2B in revenue in 2017 • Major underlying companies are: Credit One Bank, Resurgent Capital Services, Kroll Bond Rating Agency, and a small Real Estate business (not included in this transaction): Credit One Bank: • OCC-regulated national bank, i

posted if/when necessary. Covenants Guarantor: Minimum Net Worth, Minimum Liquidity, Minimum Liquidity at DB Borrower: To main 100% ownership of Navarro interest in the Carolina Panthers at all times. No additional indebtedness. Credit One : [TBD] Other Assets: Net Worth, [XX%] decline in earnings

f $109MM KBRA One of 10 Nationally Recognized Statistical Rating Organizations (NRSROs) and one of only 5 fully licensed in all rating categories Navarro purchased KBRA in 2015. Since acquisition the company has expanded its areas of ratings and increased revenue 30% Has issued 9,000+ ratings to date

e nation's largest privately held consumer finance company, generating over $2B in revenue in 2017 Major underlying companies are: Credit One Bank, Resurgent Capital Services, Kroll Bond Rating Agency, and a small Real Estate business (not included in this transaction): Credit One Bank: OCC-regulated national bank, iss

tizations, and sales of residential mortgages to institutional clients • Top 10 salesperson on Wall Street, focused on credit-sensitive assets • Navarro spent three years with Goldman Sachs on the Whole Loan and Agency MBS desks • Started his career at Chemical Bank, where he completed the credit-t

ation's largest privately held consumer finance company, generating over $2B in revenue in 2017 • Major underlying companies are: Credit One Bank, Resurgent Capital Services, Kroll Bond Rating Agency, and a small Real Estate business (not included in this transaction): Credit One Bank: • OCC-regulated national bank, i

KBRA • One of 10 Nationally Recognized Statistical Rating Organizations (NRSROs) and one of only 5 fully licensed in all rating categories • Navarro purchased KBRA in 2015. Since acquisition the company has expanded its areas of ratings and increased revenue 30% • Has issued 9,000+ ratings to d

ticle found in internet search • On 7/11/2012 the Baltimore Business Journal published an article detailing a voluntary settlement reached between Resurgent Capital Services, LP and the Maryland State Collection Agency. • The agreement resolved allegations that Resurgent had violated fed and state debt collection laws