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*** Westpac launched; AbbVie jumbo.........>

PIPELINE
PIPELINE: *** Westpac launched; AbbVie jumbo issuance updated benchmarks
Date $MM Issuer/Rating/Desc/Maturity/Yld; Priced *; Launch #:
11/12 $1.25B #Westpac 5.25Y +63
11/12 $Benchmark AbbVie 10-part est size around $27B-$28B: 1.5Y FRN 3ML +40a, 2Y
+55a, 2Y FRN L equiv, 3Y +70a, 3Y FRN L equiv, 5Y +95a, 7Y +120a, 10Y +135a, 20Y
+175a, 30Y +195a. Sources say order book has risen from $45B to $77B.
11/12 $Benchmark BNP Paribas 6NC5 +110a
11/?? $1B Kommunivest WNG +3Y 
11/?? Chatter: Egypt 4Y, +12Y, 40Y
11/?? Chatter: Sprint
11/?? Chatter: T-Mobile US

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