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More potential US$ corporate bond.......>

US PIPELINE
US PIPELINE: More potential US$ corporate bond issuers line up: CPPIB and ESM
for Tuesday, China for Thursday issuance; see Friday issuance details also
below:
-
10/24 $1B  Canada Pensn Pln Invstmt Brd Aaa/AA 144a Tues 10Y BAML/BNP/DB/TD
10/26 $2B    China to do $2B deal Oct26: RegS $1B 5Y, $1B 10Y in HKG
- Leads/book mgrs: BOC/BOCOM/ABC/CCB/CICC/C/DB/HSBC/ICBC/STAND
- China last sold US$ debt in 2004:$1.7B $/EUR 5Y,7Y notes; 
- The new US dollar bond will trade on HKSE 
- S&P downgraded China rating by one step Sep 21 to A+, stable outlook
10/24 $3B    Europn Stab.Mechnsm(ESM) Aa1/AAA No Grow:Tue 5Y MS+12s C/DB/JPM
- Will be the inaugural US$ 5-year benchmark note
10/23 TBD    Hanjin Bank: Potentl US$ deal w/ KEXIM Guar? BNP/DAIWA/GS
10/23 TBD    Philippines Baa2/BBB/BBB- US meetings Oct 6-13 C/DB/MS/SCB
10/20 $500M *Glencore Baa2/BBB    5Y+107      BARC/C/DB/SG
10/20 $500M *Glencore Baa2/BBB    10Y+160     BARC/C/DB/SG

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