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Updates on high-grade US$...............>

US PIPELINE
US PIPELINE: Updates on high-grade US$ corporate/sovereign bond issuance:
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Date $MM Issuer/Rating/Desc/Maturity/Yld/Leads; Priced *; Launch #:
10/26 $1.0B *China MOF $2B deal Oct26: RegS $1B 5Y+15 bp; 2.196%
10/26 $1.0B *China MOF $2B deal Oct26: RegS $1B 10Y+25 bp; 2.687%
- Leads/book mgrs: BOC/BOCOM/ABC/CCB/CICC/C/DB/HSBC/ICBC/STAND
- China last sold US$ debt in 2004: Was $1.7B $/EUR 5Y, 7Y notes 
- The new US dollar bond will trade on HKSE; drew $22B order books (BBG) 
- S&P downgraded China rating by one step Sep 21 to A+, stable outlook
10/26 $500M #Texas Instruments Inc A1/A+//A+ 10Y T+58 BAML/BARC/JPM
10/26 BM    Capital One Financial Corp: 3Y/FRN; 7Y BAML/COF/JPM/MS/RBC
10/26 TBD   Hanjin Bank: Potentl US$ deal w/ KEXIM Guar? BNP/DAIWA/GS
10/26 TBD   Philippines Baa2/BBB/BBB- US meetings Oct 6-13 C/DB/MS/SCB
10/26 TBD   Quatar eyed $9B in international bonds; no time set yet

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