re : l / c deals sorry no lc ( even under the format below ) .
rodney and i are meeting later on today to go through current transactions . i am sure he will bring this up in more detail on your behalf .
- - - - - original message - - - - -
from : garner , bruce
sent : wednesday , november 14 , 2001 7 : 03 am
to : kitchen , louise
subject : fw : l / c deals
importance : high
louise ,
i am in town and would like to meet up with you when you get a chance but have a hot question for you .
we have a new steel trade in london that is a back to back where we make $ 100 , 000 . it has us issuing an lc but we will be receiving an lc from the purchasers . note we will get the lc from the purchaser prior to us posting an lc to the producer . if we need to post cash we can discount the lc from the purchaser to post cash .
i think this meets the objectives but want to check with you .
thanks and i will set up a time on your schedule .
regards
bruce
- - - - - original message - - - - -
from : repole , gianpiero
sent : 13 november 2001 11 : 32
to : castleman , kent ; garner , bruce
subject : l / c deals
importance : high
bruce / kent
as per telecon with bruce , here is details of deal :
material : hot rolled coils
quantity : about 20 , 000 mt
value : usd 4 . 5 million about
purchase terms : cfrfo at sight
sales terms : ciffo 60 days from b / l date
expected margin : usd 4 to 5 / mt
supplier : ezdk , egypt
customer : gonvarri spain and italy plants
shipment : 50 % jan 50 % feb
please confirm we can proceed with sale or we need to release customer .
rgds
gianpiero & inaki
re : l / c deals
sorry no lc ( even under the format below ) .
rodney and i are meeting later on today to go through current transactions . i am sure he will bring this up in more detail on your behalf .
- - - - - original message - - - - -
from : garner , bruce
sent : wednesday , november 14 , 2001 7 : 03 am
to : kitchen , louise
subject : fw : l / c deals
importance : high
louise ,
i am in town and would like to meet up with you when you get a chance but have a hot question for you .
we have a new steel trade in london that is a back to back where we make $ 100 , 000 . it has us issuing an lc but we will be receiving an lc from the purchasers . note we will get the lc from the purchaser prior to us posting an lc to the producer . if we need to post cash we can discount the lc from the purchaser to post cash .
i think this meets the objectives but want to check with you .
thanks and i will set up a time on your schedule .
regards
bruce
- - - - - original message - - - - -
from : repole , gianpiero
sent : 13 november 2001 11 : 32
to : castleman , kent ; garner , bruce
subject : l / c deals
importance : high
bruce / kent
as per telecon with bruce , here is details of deal :
material : hot rolled coils
quantity : about 20 , 000 mt
value : usd 4 . 5 million about
purchase terms : cfrfo at sight
sales terms : ciffo 60 days from b / l date
expected margin : usd 4 to 5 / mt
supplier : ezdk , egypt
customer : gonvarri spain and italy plants
shipment : 50 % jan 50 % feb
please confirm we can proceed with sale or we need to release customer .
rgds
gianpiero & inaki