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

Marlin Water Trust II/Marlin Water Capital Corp. II Offering
641.37 On 7/12/01, CS First Boston, Deutsche Bank, Bank America, JP Morgan and CIBC
as underwriters/initial purchasers sold $475,000,000 6.31% Senior Secured Notes and i515,000,000
6.19% Senior Secured Notes due 03 issued by Marlin Water Trust II, Marlin Water Capital Corp.
II, pursuant to an Offering Memorandum. The repayment of these notes was dependent upon the
credit, financial condition and ability to pay of Enron. These notes were publicly traded on the
Luxembourg Exchange.
641.38 The underwriters/initial purchasers of these notes were CS First Boston, Deutsche
Bank, Bank America, JP Morgan and CIBC.
with the SEC:
641.39 The Offering Memorandum for this security incorporated the following Enron filings
(a) Enron's Annual Report on Form 10-K for the fiscal year ended 12/31/00;
(b) Enron's Quarterly Report on Form 10-Q for the quarter ended 3/31/01; and
(c) Enron's Current Reports on Form 8-K filed 1/31 and 2/28/01.
641.40 The Offering Circular for this security also described Enron's business in detail,
including the following:
Business of Enron
DESCRIPTION OF ENRON
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;
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