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Epstein File EFTA01407495: Structuring (DS10)

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This document discusses financial structuring strategies, specifically addressing the complications of unwinding structured positions held as spreads rather than outright puts before maturity. The excerpt focuses on technical investment mechanics and does not identify specific parties, dates, or transactions.

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These are usually held to maturity, but **structuring** as a spread rather than an outright put makes any early unwind even more complicated than usual for

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