To: Jeffrey Epstein[[email protected]] From: Sent: Tue 9/8/2009 10:15:53 PM Subject: 150m Euro Financing Is this of interest? If so, what's the best way to structure it? 150 million Euro Bridge Financing for Scholz-Edelstahl GmbH in Germany. Mr. Berndt-Ulrich Scholz is owner of Scholz AG (http://www.scholz- ag.de/english/index.html) Business had a turnover of close to 5 bn Euro in 2008 (3.5 bn. Euros in 2007) and 5,000 employees. Scholz AG is amongst the leading steel and metal scrap recycling companies in Europe; it is 100% owned by the family of Berndt-Ulrich Scholz. The business has a subsidiary Scholz-Edelstahl GmbH (http://www.scholz- edelstahl.de/), its a steel trading company with a group tonnage of 325,000 t p.a. and sales of 380 million Euro in 2007 (processing volume of 150,000 t p.a.; stock volume of 100,000 t p.a.). Scholz-Edelstahl supplies stainless steel in six different grades and specifications - Over the last years Scholz-Edelstahl, apparently, built up an inventory and speculated the wrong way; the banks are forcing Scholz to find a solution for his subsidiary: Scholz currently evaluates his options: Option 1: a bridge financing of approx. 150 million Euro for Scholz-Edelstahl: period of at least 2 years (to be confirmed), interest rate to be negotiated. Option 2: loan security - pledge current inventory of steel and guarantee of payment of the loan would be both given by the Scholz AG and by the owner Berndt- Ulrich Scholz. This message is confidential. It may also be privileged or otherwise protected by work product immunity or other legal rules. If you have received it by mistake please let us know by reply and then delete it from your system; you should not copy the message or disclose its contents to anyone. Opinions, conclusions and other information in this message that do not relate to the official business of Asia Gateway Ltd. shall be understood as neither given nor endorsed by it. Asia Gateway Ltd. Michelin House 81 Fulham Road London SW3 6RD UK EFTA_R1_01509399 EFTA02436800
