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Multiple launches spurring some late.......>

PIPELINE
PIPELINE: Multiple launches spurring some late session rate locks, still waiting
for Microchip and Wells Fargo to launch
Date $MM Issuer/Rating/Desc/Maturity/Yld; Priced *; Launch #
05/26 $3.5B #Citigroup 11NC10 +188
05/26 $2.5B #Total Capital Int 30Y +170
05/26 $2.3B #Stryker $650M 5Y +85, $1B 10Y +130, $650M 30Y +150
05/26 $1.5B #Applied Materials $750M each 10Y +110, 30Y +135
05/26 $1B #Swedbank 3Y +112.5
05/26 $500M #Kellogg WNG 10Y +143
05/26 $400M #Interstate Power & Light WNG 10Y +165
05/26 $1B Microchip 3Y +250
05/26 $Benchmark Wells Fargo 4NC3, 8NC7
05/?? $Benchmark BNG 10Y +43a

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