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Friday did not see high-grade US$.......>

US PIPELINE
US PIPELINE: Friday did not see high-grade US$ corporate bond issuance, but
future pipeline is building up:
- Date $MM Issuer/Rating/Desc/Maturity/Yld/Leads; Priced *; Launch #:
8/25 TBD   Hanjin Bank: Potentl US$ deal w/ KEXIM Guarantee? BNP/DAIWA/GS
8/25 TBD   Lotte Shippping Aa2/AA/AA-(KEXIM Guar?)rdshw Aug21,on BNP/HSBC/STD
8/25 TBD   Kookmin Bk A1/A+ rdshw Aug31-Sep5:shrt/intrmd? C/COMM/JPM/MUFG/SG
8/25 TBD   Shinhan Bank Aa3/A+ roadshow Aug28-Sep8   BAML/BNP/HSBC/MUFG
8/25 TBD   IBM Credit LLC (IT hardware fin unit)investor calls Aug.24 JPM
8/25 TBD   Mississippi Power has filed a $2.0B mixed debt/stock shelf
8/25 TBD   American Wtr Works A3/A investor calls Aug 3-4  JPM/USB/WFS
8/25 TBD   Apple Aa1/AA+:Had good earnings;did debt in May,Feb post-earnings
- THURSDAY SAW $2.0B IN HIGH-GRADE CORPORATE BOND ISSUANCE:
8/24 $500M *China Great Wall AMC: Baa1/BBB+/A 3Y UST+135
8/24 $1.0B *China Great Wall AMC: Baa1/BBB+/A 5Y UST+145
8/24 $500M *China Great Wall AMC: Baa1/BBB+/A 10Y UST +180
- Leads: JPM/ICBC(Asia)/ICBC Intl/ABC Intl/Agric Bk of China/HKG/CCB/STD/MS- 

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