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Caisse d'Amortissement de la Dette.........>

PIPELINE
PIPELINE: Caisse d'Amortissement de la Dette Sociale launched
Date $MM Issuer/Rating/Desc/Maturity/Yld; Priced *; Launch #
05/12 $3B #CADES 3Y +24
05/12 $1B EBRD (European Bank for Reconstuction/Develop) 5Y +20a
05/12 $1B EIB (European Inv Bank) WNG 10Y +34a
05/12 $Benchmark Province of Alberta 5Y +65a
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$21.6B Priced Monday, Walt Disney added to $6B jumbo on Mar 19
05/11 $11B *Walt Disney Co 6pt: $1.5B 5Y +145, $1B 7Y +170, $2.5B 10Y +195,
$1.75B 20Y +210, $2.75B 30Y +220 and $1.5B 40Y +240.
05/11 $4B *PayPal 4pt: $1B each 3Y +115, 5Y +130, 10Y +160, 30Y +185
05/11 $2B *Fiserv 7Y +175, 10Y +200
05/11 $1.5B *Nutrien $500M each 3Y +170, 10Y +225, 30Y +255
05/11 $1.5B *Becton Dickinson $750M each 10Y +210, 30Y +235
Under $1B issuers: $700M *ITC Holdings 10Y +225; $550M *Quest Diagnostics WNG
11Y +210; $350M *Southwestern Public Service 30Y +175

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