Malory hosts a dinner party for the UN intelligence chairman, Torvald Utne, in an effort to get a new weapons contract for ISIS. Unfortunately, a group of rival assassins have targeted Mr. Utne for elimination.
The dossier for Torvald Utne lists Honey Pot as a Recommended Tactic foreshadowing the fifth episode of the first season, "Honeypot," and the effectiveness of Elke Hubsch's plan.
This episode was possibly meant to be third in the first season (with "Diversity Hire" being the fourth), as Cheryl's name in this episode is "Carina", and Cyril mistakenly calls her this in "Diversity Hire" before noticing that her name is now "Cristal". Either that or it was an instance of subtle call-back humour.
The title of the episode is possibly a play on the non-fiction book "Killing Pablo: The Hunt for the World's Greatest Outlaw" by Mark Bowden, which chronicles the efforts of Colombian law enforcement, American intelligence and special forces, and vengeful vigilantes in dismantling the operations of the Medellin Cartel, culminating in the death of the cartel's leader, the eponymous Pablo Escobar.
Utne's greeting to Elke Hubsch, "Good evening, you beautiful girl," is a reference to similar greetings by Dracula. He even uses a voice similar to Bela Lugosi's from the film.
The scene where Archer tricks 5 people into killing themselves in a game of Russian roulette is a reference to the film The Deer Hunter. Malory has a similar scene in "Job Offer" also referencing this film.