Epstein Secrets

: Confidential FYI, meant to CC you. Will add you if they come back. Thanks, Vahe From: Vahe Stepanian Sent: Monday, March 28, 2016 1:20 PM To: Richard Kahn Cc: Daniel Sabba; Ariane Dwyer EFTA01477769 Subject: RE: Brazil trade idea [C] Classification: Confidential Rich — indicatively, Southern Finan

Sent: Monday, March 28, 2016 1:20 PM To: Richard Kahn Cc: Daniel Sabba; Ariane Dwyer EFTA01477769 S

ou please provide pricing on the following: Buy Buy CDS Protection EFTA01477770 Bond: PETBRA 5 1; 01/27/21 Contract: Brazil 5yr CDS Issuer: PETROBRAS GLOBAL FINANCE Underlying Issuer: Federative Republic of Brazil ISIN: US71645WAR25 Maturity: 06/20/21 Ratings: B3/B+/BB+ Coupon: 100 bps Ranking: Sr Uns

: Confidential FYI, meant to CC you. Will add you if they come back. Thanks, Vahe From: Vahe Stepanian Sent: Monday, March 28, 2016 1:20 PM To: Richard Kahn Cc: Daniel Sabba; Ariane Dwyer Subject: RE: Brazil trade idea [C] Classification: Confidential Rich — indicatively, Southern Financial can purcha

Sent: Monday, March 28, 2016 1:20 PM To: Richard Kahn Cc: Daniel Sabba; Ariane Dwyer Subject: RE: Bra

trade idea can you please provide pricing on the following: Buy Buy CDS Protection Bond: PETBRA 5 101/27/21 Contract: Brazil 5yr CDS Issuer: PETROBRAS GLOBAL FINANCE Underlying Issuer: Federative Republic of Brazil EFTA01477766 ISIN: US71645WAR25 Maturity: 06/20/21 Ratings: B3/B+/BB+ Coupon: 100 bps R

: Confidential FYI, meant to CC you. Will add you if they come back. Thanks, Vahe From: Vahe Stepanian Sent: Monday, March 28, 2016 1:20 PM To: Richard Kahn Cc: Daniel Sabba; Ariane Dwyer Subject: RE: Brazil trade idea [C] Classification: Confidential Rich — indicatively, Southern Financial can purcha

Sent: Monday, March 28, 2016 1:20 PM To: Richard Kahn Cc: Daniel Sabba; Ariane Dwyer Subject: RE: Bra

trade idea can you please provide pricing on the following: Buy Buy CDS Protection Bond: PETBRA 5 101/27/21 Contract: Brazil 5yr CDS Issuer: PETROBRAS GLOBAL FINANCE Underlying Issuer: Federative Republic of Brazil ISIN: US71645WAR25 Maturity: 06/20/21 Ratings: EFTA01477763 B3/B+/BB+ Coupon: 100 bps R

: BRL Trade Idea when sent to brad pricing was 83 and spread 396 currently via vahe below price is 82 and spread 380 x =85 please advise thank =ou Richard Kahn HBRK Associates Inc. 575 Lexington =venue 4th Floor New York, NY 10022 tel =12-971-1306 fax 646-350.0954 cell =17-414-7584 Begin forwarded mes

pread 380 x =85 please advise thank =ou Richard Kahn HBRK Associates Inc. 575 Lexington =venue 4th F

rade idea can you please provide pricing on the =ollowing: Buy Buy=CDS Protection Bond: PETBRA 5 %=01/27/21 Contract: Brazil Syr CDS Issuer: PETROBRAS GLOBAL FINANCE Underlying Issuer: Federative =epublic of Brazil ISIN: US7164SWAR25 Maturity: 06/20/21 Ratings: 83/B+/BB+ Coupon: 100 bps Ranking: Sr Uns

From: jeffrey E. <[email protected]> Sent: Thursday, March 24, 2016 7:26 PM To: Richard Kahn Subject: Fwd: BRL Trade Idea Forwarded messag= From: Barrett, Paul S <mailto: Date: Thu, Mar 24, 2=16 at 3:02 PM Subject: BRL Trade Idea To

: Thursday, March 24, 2016 7:26 PM To: Richard Kahn Subject: Fwd: BRL Trade Idea Forwarded messa

Source: Bloomberg 31=3/16 Syr Petrobras & Syr Brazil CDS: Buy Buy CDS Protection Bond: PETBRA 5 4 01/27/21 Contract: Brazil Syr CDS Issuer: PETROBRAS GLOBAL FINANCE Underlying Issuer: Federative Republic of Brazil ISIN: US71645WAR25 Maturity: 06/20/21 Ratings: B3/B+/BB+ Coupon: 100 bps Ranking: Sr Uns