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Today looks to be quite busy in.........>

US PIPELINE
US PIPELINE: Today looks to be quite busy in high-grade US$ corporate and
sovereign bond issuance: 
- Date $MM Issuer/Rating/Desc/Maturity/Yld/Leads; Priced *; Launch #:
9/26 $2.25B  BNG Aaa/AAA 144a/RegS 3Y MS+9S Tues?   BAML/C/RBC/SCOT
9/26 BM      Saudi Arabia A1/A+ Wed Long 5Y +130s   GS/GIB/HSBC/JPM/MUFG
9/26 BM      Saudi Arabia A1/A+ Wed Long 10Y +165s  GS/GIB/HSBC/JPM/MUFG
9/26 BM      Saudi Arabia A1/A+ Wed 30Y +200s       GS/GIB/HSBC/JPM/MUFG
9/26 BM      Province of Ontario Aa2/A+/AA- global 5Y MS+27 C/GS/HSBC/TD
9/26 BM      Goldman Sachs A3/BBB+/A 8Y/NC7 Fxd to FRN +140s   GS
9/26 $500M   NWB Aaa/AAA March 2029 FRN Tap 3ml+2   BARC/NATW
9/26 $500M   Magellan Midstream Baa1/BBB+ 30Y +165-170 BARC/STRH/WFS
9/26 $2.0B?  China eyes US$ sovereign bonds in Sept; to pick leads soon
- China last sold US$ debt in 2004, a $1.7B US$/EUR 5Y, 7Y debt deal
- S&P downgraded China 1 notch Sep 21 to A+, stable outlook
9/26 BM      CK Hutchison 3.5Y+80s; 5.5Y +95s; 10Y +110s BARC/C/GS/MS 

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