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Moderate issuance rolls out in high-grade...>

US VIEW
US VIEW: Moderate issuance rolls out in high-grade US$ corporate bonds:
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Date $MM Issuer/Rating/Desc/Maturity/Yld/Leads; Priced *; Launch #:
10/19 $600M #Kia Mtrs Baa2/A-/BBB+ 144a/RgS 5.5Y+120 BNP/BAML/C/CA/HSBC/NOM
10/19 $300M #Kia Mtrs Baa2/A-/BBB+ 144a/RgS 10Y+125 BNP/BAML/C/CA/HSBC/NOM
10/19 BM TD Bank A2/AA-/AA- 2Y +40s high/2Y FRN BAML/C/JPM/TD/UBS
10/19 BM US Bank Cincinnati 3Y Fixed +50s; 3Y FRN GS/MS/USB
10/19 TBD Philippines Baa2/BBB/BBB- US meetings Oct 6-13 C/DB/MS/SCB
10/19 TBD Quatar eyed $9B in international bonds; no time set yet
10/26 $2B China: MOF: China $2B deal Oct26? $1B 5Y, $1B 10Y in HKG
- Such US$ bonds to trade on HKSE
- China last sold US$ debt in 2004: $1.7B US$/EUR 5Y, 7Y deal
- S&P downgraded China rating by one step Sep 21 to A+, stable outlook
10/19 TBD Hanjin Bank: Potentl US$ deal w/ KEXIM Guar? BNP/DAIWA/GS

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