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*** Gradual build, current wk estimate.....>

PIPELINE
PIPELINE: *** Gradual build, current wk estimate appr $25B
Date $MM Issuer/Rating/Desc/Maturity/Yld/Leads; Priced *; Launch #:
09/10 $1B KFW 2.75% 2020 Tap
09/10 $Benchmark IADB 10Y +13a
09/10 $Benchmark TD Bank 2Y fix +55a, 2Y FRN Libor equiv
09/10 $Benchmark Roche Holdings 5& +55a, 10Y +80a
09/10 $Benchmark Seven & I 3Y
09/10 $Benchmark Societe Generale 5Y, 10Y

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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

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