Epstein Secrets

e Cosmopolitan of Las Vegas, Revel, Tropicana and Wild Rose Casinos. We believe that many operators cou

Properties scuini orinieweini Page 72 Candidates CityCenter Cosmopolitan Pinnacle Entertainment Sands Bethlehem Tropicana Wild Rose Casinos Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0086631 CONFIDENTIAL SDNY_GM_00232815 EFTA01385347

700 FCF Before Worland Capital and Other 454 492 116 206 539 299 781 757 FCF as % Net Debt 3.2% 3.4% NA 5.7% 3.7% 8.4% 5.5% 5.3% WILDA % 11.3% 12.3% 118% 11.9% 11.6% 158% 12.6% 128% EMMA/Interest 2.54 234 NA 2.14 2.2x 3.14 2.34 254 Net 1st Lien Debt/E8FTDA 294 2.6

16,054 15,975 15975 15.811 15811 15,824 TEV/EBITDA 7.54 6.7x 7.3x I 7.241 5.7a 6.44 654 Sea* Dwarf w Brat et1 avow, metro Page 110 Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0086669 CONFIDENTIAL SDNY_GM_00232853 EFTA01385385

I ./2% 41 .111 11111 436% Soupy Dassekaa SAL WILD n C1114/10 •Polominct 9xe 6/1116 Source Phescbe

rs for most of the post Telx acquisition period, still no backfill for the head of sales role, and the stock off 10% since early August. If Page 4 Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0092224 CONFIDENTIAL SDNY_GM_00238408 EFTA01388588

ues to recover during 2018. Elections remain the wild card, but we expect voters to reject the populist

gauges) and record-low inflation. CBR is in cautious easing mode which is positive for FX, as real rates remain high while bond outflows are less Deutsche Bank Securities Inc. likely (chart). We assume no meaningful escalation of sanctions - the main risk we foresee. EM FX: real rates and basic balances SRL • 6 4 IH

osyncratic revaluation longs HUE UP, and PEN; S) Wild cards - currencies dependent on specific sources

g RUB and BRL vs. short COP. Orausio Giacomelk New York Sebastkin A Brown, New York, Sameer Gael, Singapore, Gautam Kalani, London, +4 Page 10 Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0076929 CONFIDENTIAL SDNY_GM_00223113 EFTA01379451

n risk is an unexpected China-born shock. 3) The wild cards. MXN, TRY, and Z7\fi Within EM FX there ar

sks both to investment and current account projections. The BCRP has forcefully prevented the PEN from appreciating but as the economy grows, gaps Deutsche Bank Securities Inc. shrink, and XCCY converge to zero we expect USD purchases to ease. Just like in the case of the CLP, the PEN's main risk is an unexpected China-bo

roup Global Markets Inc and Morgan &Orley& Co LLC wild receive more Iron 5% of the net proceeds of the

LLC, Barclays Capital IM . CrigroLp Global Markets Inc Morgan Starrey &Co LLC. Goldman. Sachs a Co Memo Lynch Perce, Fenner & Smith Incorporated and Deutsche Bank Securities Inc. are lenders under Our Bridge Facility. As (resented in 'Use of proceeds' a portion of the net proCeeds of the Offering will be used to repay amount

counts with you. shall ea applicable to any of my Wild* !iamb:bents and amounts where they ere 1101 ah

an opening purchase and sae transactions en the Exchanges which on cauldron to be remitted Cakes 2. I understand and agree that my account(s) with Deutsche Bank Securities Inc. (also relayed to herein as 'Deutsche Bank Alex. Brown') will be handled in accordance with the ides of the Financial Industry Regulatory Authority r