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Limited issuance Friday, but $21.6B/wk.....>

PIPELINE
PIPELINE: Limited issuance Friday, but $21.6B/wk beat estimates
Date $MM Issuer/Rating/Desc/Maturity/Yld; Priced *; Launch #:
05/03 $500M PACCAR Fncl WNG 3Y +50a
Potential issuers this month:
05/?  $1.25B MGM China 5NC2, 7NC3
05/?  Bristol-Myers
05/?  IBM
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$7.25B priced Thu, $21.6B/wk
05/02 $2B *Starbucks Corp $1B 10Y +103, $1B 30Y +153
05/02 $1.25B *RBS 11NC10 +190
05/02 $1.5B *Saudi Telecom 10Y Sukuk +135
05/02 $1B *Florida Power $ Light 3NC6 +40
05/02 $1B *ENI 10Y +173
05/02 $500M *NWB WNG 1.5Y L+1

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