Subject: Fw: Cross collateralization
From: <[email-masked]>
To: "Biden, Hunter" <[email-masked]>
Date: Thu, 2 Dec 2010 22:39:27 +0000

FYI
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-----Original Message-----
From: Abel Navarro Homet <[email-masked]>
Date: Thu, 2 Dec 2010 15:29:05 
To: Michael Huerta<[email-masked]>
Cc: [email-masked]<[email-masked]>
Subject: Re: Cross collateralization

Yes, the financing will be done for both projects together. Basically, the bank wants to have both projects cross collateralized. They consider that by doing this, the risk is reduced. Best

Abel Navarro Homet

Managing Partner

c/ Serrano 26, 8º I
28001, Madrid, Spain
Teléfono: +34 91 781 91 16  -  Fax: +34 91 431 42 01
Móvil: +34 607 706 609
e-mail: <mailto:[email-masked]> [email-masked]<mailto:[email-masked]>

El 02/12/2010, a las 15:21, "Michael Huerta" <[email-masked]<mailto:[email-masked]>> escribió:

Abel – Quick question: Are Alamosa and Cooper Crossing cross collateralized?  This has come up in a few equity conversations.

Thank you,

Michael