Subject: RE: RIN Materials - so they're at top of your inbox. [I] From: Vahe Stepanian e > Date: Wed, 11 Apr 2018 17:57:20 -0400 To: Stewart Oldfield e > Classification: For internal use only Cool — so ball is in his court to follow up? Anything we need to do on our end? Best, Vahe From: Stewart Oldfield Sent: Wednesday, April 11, 2018 1:20 PM To: Vahe Stepanian e > Subject: RE: RIN Materials - so they're at top of your inbox. Paul says he will do the work on this. He's trying to sort out whether it is better for him to buy a BB piece of a traditional CLO that yields mid to high single digits but has reasonable secondary market liquidity, or to buy and hold RIN for the long term From: Vahe Stepanian Sent: Tuesday, April 10, 2018 3:57 PM To: Stewart Oldfield e > Subject: FW: RIN Materials - so they're at top of your inbox. From: Vahe Stepanian Sent: Tuesday, April 10, 2018 3:44 PM To: Paul Barrett EFTA01434482