From: "Jeffrey E." <[email protected]> To: Paul Morris Subject: Re: quick discussion about pharma financing opportunity? [C] Date: Thu, 14 May 2015 16:21:30 +0000 Inline-Images: image006.png yes interested On Thu, May 14, 2015 at 12:07 PM, Paul Morris < Classification: Confidential > wrote: jeffrey, we are working on a live situation with a pharma company that is looking to finance the distribution and sales of a newly approved drug. DB is bidding on the debt financing and would need to syndicate out —$50mm to a third party. I expect the transaction to be structured as a royalty arrangement and imagine yields would be in the low double digits. I know you've done equity transactions in biotech area over the years but thought you may have someone interested in a discussion with our structured credit team to see if this would be a fit? Let's catch up soon. Hope all is well, Paul Morris Managing Director Deutsche Bank Private Bank Office Cell: ciddmage006.pn Securities offered through Deutsche Bank Secunties Inc. EFTA00856996

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