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Only light high-grade corporate bond....>

US PIPELINE
US PIPELINE: Only light high-grade corporate bond issuance going on today;
issuance will wane more as December goes on as banks want to clean up their
balance sheets and get everything ship-shape etc. for year-end earnings/balance
sheets:
- Date $MM Issuer/Rating/Desc/Maturity/Yld/Leads; Priced *; Launch #:
12/11 $500M #Packaging Corp of America Baa2/BBB 3Y +55  DB/WFS
12/11 $500M #Packaging Corp of America Baa2/BBB 10Y+105 DB/WFS
12/11 $1.0B #Santander Hldngs Baa3/BBB/BBB+ 5Y+130 BARC/JPM/SANT/WFS
12/11 $250M #Santander Hldngs " Tap 4.4% 2027:+170 BARC/JPM/SANT/WFS
12/11 $400M *Rural Electrification Baa3/BBB- 3Y +115 ANZ/BARC/MIZ/MUFG
12/11  TBD   Kor.Elec.Pwr Corp. Aaa2/AA/AA- 11/3 wk meetgs BAML/C/CA
12/11  TBD   Lebanon delayed Eurobond from Nov., said MOF 
1/02   BM    Philippines Baa2/BBB/BBB- 1st week Jan bd: C/CS/DB/MS/SCB
12/11  BM    Korea Southern Pwr Aa2/AA- 11/29-12/5 mtgs BNP/C/HSBC/UBS
12/8 FRIDAY HAD NO HIGH-GRADE DEBT ISSUANCE:

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