EFTA01472683.pdf

Subject: FW: MCD Indicative Pricin [C] From: Vahe Stepanian Date: Tue, 31 Mar 2015 11:34:55 -0400 To: Paul Morris ‹ > Classification: Confidential 3 of 3 From: Vahe Stepanian Sent: Monday, March 30, 2015 5:32 PM To: Jeffrey Epstein Cc: Daniel Sabba; Ariane Dwyer; Richard Kahn Subject: MCD Indicative Pricing [C] Classification: Confidential Jeffrey — please find indicative pricing below on MCD per your request. McDonald's (MCD) spot ref $97.88. #1 - Total Return Swap: Swap Seller: DB Swap Buyer: Southern Financial LLC Ticker: MCD Size: 50,000 shares Expiry: 3/30/2016 (1y) Spread: 1mL + 75bps Resets: Monthly Optional Early Termination: Applicable, 3 days (two-way) Commission: $0.06 per share in and out EFTA01472683 #2 - European Call options on MCD: Option Seller: Southern Financial LLC Option Buyer: DB Notional: 50,000 OTC Call Expiry: 3/30/2016 (1y) Strike: 100% of TRS Initial Strike Bid: 5.58% Delta: 47% If both the TRS + short call are executed as a package, IM would be 25%. Thank you, Vahe Vahe Stepanian Assistant Vice President I Key Client Partners Deutsche Bank Securities Inc. Tel. Mobile Email All trade execution information contained herein is being provided as an accommodation at your request in advance of your receipt of the official trade confirmation(s). Additional trade detail information available upon request. The terms of the trade(s) may be subject to change prior to settlement, and therefore the official trade confirmation(s) and account statements issued by Deutsche Bank shall govern. Deutsche Bank is not responsible for any discrepancy between the informal execution report and the official trade confirmation(s) or account statements. EFTA01472684 EFTA01472685