t: Wednesday, November 01, 2017 4:14 PM To: Matt Glassman Matt Sadd Clement Jacquesson Cc: Stewart Oldfield •ce; Todd Stevens •ta• Subject: AW: KCP Structured Finance - Senior/ Junior Financing of German Real Estate in Stuttgart - Up to EUR 75 Mio Senior at 13%] / 45 Mio. Junior at 19%l / Notes 4NC3 - November target close There

m Sent: Wednesday, November 01 2017 4:14 PM To: Matt Glassman ; Matt Sadd O; Clement Jacquesson Cc: Stewart Oldfield Todd Stevens Subject: AW: KCP Structured Finance - Senior/ Junior Financing of German Real Estate in Stuttgart - Up to EUR 75 Mio Senior at 13%j / 45 Mio. Junior at (9%] / Notes 4NC3 - November target close There