Enron Corp. - University of California | Office of The President

Memorandum. The repayment of these notes was dependant upon the credit, financial condition and
ability to pay of Enron. These notes were publicly traded on the Luxembourg Exchange.
641.22 The underwriters/initial purchasers of these notes were CS First Boston, Deutsche
Bank and Lehman Brothers.
with the SEC:
6/30/00; and
641.23 The Offering Memorandum for this security incorporated the following Enron filing
(a) Enron's Annual Report on Form 10-K for the fiscal year ended 12/31/99;
(b) Enron's Quarterly Reports on Form 10-Q for the quarters ended 3/31/00 and
(c) Enron's Current Report on Form 8-K filed 5/19/00.
641.24 The Offering Circular for this security also described Enron's business in detail,
including the following:
Business of Enron
DESCRIPTION OF ENRON
Enron is an Oregon corporation and is headquartered in Houston, Texas.
Enron provides products and services related to natural gas, electricity and
communications to wholesale and retail customers. Enron's operations are conducted
through its subsidiaries and affiliates, which are principally engaged in:
• the marketing of natural gas, electricity and other commodities and related
risk management and finance services worldwide;
• the development, construction and operation of power plants, pipelines and
other energy related assets worldwide;
• the delivery and management of energy commodities and capabilities to enduse
retail customers in the industrial and commercial business sectors;
• the development of an intelligent network platform to provide bandwidth
management services and to deliver high bandwidth applications;
- 425 -