EFTA02481986.pdf
dataset_11 pdf 93.5 KB • Feb 3, 2026 • 2 pages
From: jeffrey E. <jeevacation@gmail.com>
Sent: Tuesday, November 3, 2015 325 PM
To: Melanie Spinella
Subject: Fwd: AP Narrows LP
Forwarded messa_•=
From: Ada Clapp
Date: Tue, Nov 3, 2015 at 10:16 AM
Subject: AP Narrows LPTo: "*effre E." <'=evacation mail.com <mailto:'eevacation@gmail.com»
Cc: Brad Wechsle
Jeffrey,
Should we move ahead with funding AP Narrows=LP now (Brad thinks yes) or wait until we speak to potential lenders
regar=ing discount rates they would apply against interests in AP Narrows LP as =ollateral (i.e., 50% plus additional
discount for LP wrapper?) vs. art held by LDB o= Narrows Holdings LP as collateral (i.e. 50%)?
Ada Clapp
Chief Legal Officer
Elysium Management LLC
445 Park Avenue
Suite 1401
New York, New York 10022
Direct Dial:
Fax:
Email:-
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EFTA02481986
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EFTA02481987
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