Attached is a draft term sheet for the proposed financing at Transwestern.  The NNG transaction continues to evolve, so the attached may not reflect the structure that we ultimately use, but it is a start.
 
 

Travis C. McCullough 
Enron North America Corp. 
1400 Smith Street EB 824 
Houston, Texas 77002 
Phone:  (713) 853-1575 
Fax:      (713) 646-8860
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