| - | Date | Issuer | Princ. Amt. ($ Mils) | Cpn. | Security Type | Maturity | Offer Price | Yield | BP Sprd. | M | S&P | F | Manager | Gross Sprd. Fee % | Sell-Con. Fee % | Under Writing Fee % | Mgmt. Fee % |
| * | 2/19/04 | AMC Entertainment Inc | 300 | 8 | Sr Sub Notes | 3/1/14 | 100 | 8 | - | Caa1 | B | NR | CITIGROUP | na | - | - | - |
| * | 2/19/04 | AMF Bowling Worldwide Inc | 150 | 10 | Sr Sub Notes | 3/1/11 | 100 | 10 | 663 | B3 | CCC+ | NR | MERRILL CS-FB-CS | na | - | - | - |
| - | 2/19/04 | Countrywide Home Loans Inc | 115 | Floats | Mdm-Trm Fl Nts | 2/23/05 | 100 | Floats | - | A3 | A | A | GS | na | - | - | - |
| - | 2/19/04 | Countrywide Home Loans Inc | 125 | Floats | Mdm-Trm Fl Nts | 2/23/05 | 100 | Floats | - | A3 | A | A | BANKONE-CAPITAL | na | - | - | - |
| - | 2/19/04 | Countrywide Home Loans Inc | 100 | Floats | Mdm-Trm Fl Nts | 2/23/05 | 100 | Floats | - | A3 | A | A | CITIGROUP | na | - | - | - |
| * | 2/19/04 | HBOS Treasury Services Plc | 105 | Floats | Mdm-Trm Fl Nts | 2/26/07 | 100 | Floats | - | Aa2 | AA | AA | JPM | na | - | - | - |
| * | 2/19/04 | Isle of Capri Casinos Inc | 500 | 7 | Sr Sub Notes | 3/1/14 | 100 | 7 | - | B2 | B | NR | CIBC-WORLD DEUTSCHE-BK-SEC | na | - | - | - |
| * | 2/19/04 | Jo-Ann Stores Inc | 100 | 7.5 | Sr Sub Notes | 3/1/12 | 100 | 7.5 | 375 | B2 | B- | NR | MERRILL | na | - | - | - |
| * | 2/19/04 | K2 (USA) LLC | 100 | 1.31 | Medium-Term Nts | 2/28/05 | 100 | 1.31 | -37 | Aaa | AAA | NR | GS | na | - | - | - |
| - | 2/19/04 | Morgan Stanley | 70 | Floats | Mdm-Trm Fl Nts | 3/1/16 | 100 | Floats | - | Aa3 | A+ | NR | MORGAN-STANLEY | na | - | - | - |
| * | 2/19/04 | Sigma Finance Inc | 150 | Floats | Mdm-Trm Fl Nts | 3/14/06 | 100 | Floats | - | Aaa | AAA | NR | JPM | na | - | - | - |
| * | 2/19/04 | Sigma Finance Inc | 75 | Floats | Mdm-Trm Fl Nts | 3/10/05 | 100 | Floats | - | Aaa | AAA | NR | JPM | na | - | - | - |
| * | 2/19/04 | Stanfield Victoria Finance Ltd | 100 | Floats | Mdm-Trm Fl Nts | 2/25/05 | 100 | Floats | - | Aaa | AAA | NR | MERRILL | na | - | - | - |
| * | 2/19/04 | Tango Finance Ltd | 35 | Floats | Mdm-Trm Fl Nts | 3/1/05 | 100 | Floats | - | Aaa | AAA | NR | JPM | na | - | - | - |
| * | 2/20/04 | Evangelical Lutheran Society | 43 | Floats | Mdm-Trm Fl Nts | 3/1/05 | 100 | Floats | - | A3 | NR | NR | CITIGROUP | na | - | - | - |
| * | 2/20/04 | MGM Mirage | 225 | 5.875 | Senior Notes | 2/27/14 | 99.441 | 5.95 | 185 | Ba1 | BB+ | BB+ | MERRILL BA-SEC-LLC CITIGROUP DEUTSCHE-BK-SEC | na | - | - | - |
| * | 2/20/04 | Nationwide Life Global Funding | 150 | 2.75 | Notes | 5/15/07 | 99.8 | 2.816 | 58 | Aa3 | AA- | NR | MORGAN-STANLEY | na | - | - | - |
| * | 2/20/04 | Nationwide Life Global Funding | 100 | Floats | Float Rate Nts | 5/15/07 | 100 | Floats | 58 | Aa3 | AA- | NR | MORGAN-STANLEY | na | - | - | - |
| * | 2/20/04 | PP&L Capital Funding Inc | 201 | 4.33 | Notes | 3/1/09 | 100 | 4.33 | 125 | Baa3 | BBB- | NR | BANKONE-CAPITAL JPM WACHOVIA-SEC | na | - | - | - |
| * | 2/20/04 | Whistlejacket Capital Ltd | 50 | Floats | Mdm-Trm Fl Nts | 4/15/05 | 100 | Floats | - | Aaa | AAA | NR | CS-FB-CS | na | - | - | - |
| * | 2/23/04 | K2 (USA) LLC | 75 | Floats | Mdm-Trm Fl Nts | 2/28/05 | 100 | Floats | - | Aaa | AAA | NR | LEH | na | - | - | - |
| * | 2/23/04 | New York Life Funding | 250 | Floats | Float Rate Nts | 2/26/07 | 100 | Floats | - | Aa1 | AA+ | NR | DEUTSCHE-BK-SEC JPM | na | - | - | - |
| * | 2/23/04 | Stanfield Victoria Finance Ltd | 50 | Floats | Mdm-Trm Fl Nts | 3/24/06 | 100 | Floats | - | Aaa | AAA | NR | MERRILL | na | - | - | - |
| * | 2/23/04 | Stanfield Victoria Finance Ltd | 50 | Floats | Mdm-Trm Fl Nts | 3/20/06 | 100 | Floats | - | Aaa | AAA | NR | MERRILL | na | - | - | - |
| * | 2/24/04 | Beta Finance Inc(Beta Finance) | 200 | Floats | Mdm-Trm Fl Nts | 9/12/05 | 100 | Floats | 37 | Aaa | AAA | NR | JPM | na | - | - | - |
| - | 2/24/04 | Caterpillar Financial Services | 75 | Floats | Mdm-Trm Fl Nts | 2/26/07 | 100 | Floats | - | A2 | A | A+ | JPM | na | - | - | - |
| - | 2/24/04 | Central Hudson Gas & Electric | 2.3 | 4.73 | Medium-Term Nts | 2/27/14 | 100 | 4.73 | 71 | A2 | A | A | JPM | 0.625 | - | Comb. | Comb. |
| - | 2/24/04 | Central Hudson Gas & Electric | 2.4 | 4.73 | Medium-Term Nts | 2/27/14 | 100 | 4.73 | 71 | A2 | A | A | BANKONE-CAPITAL | 0.625 | - | Comb. | Comb. |
| - | 2/24/04 | Central Hudson Gas & Electric | 2.3 | 4.73 | Medium-Term Nts | 2/27/14 | 100 | 4.73 | 71 | A2 | A | A | CITIGROUP | 0.625 | - | Comb. | Comb. |
| - | 2/24/04 | Korea Development Bank | 850 | 3.875 | Global Notes | 3/2/09 | 99.56 | 3.973 | 97 | A3 | A- | A- | ABNAMRO CITIGROUP DEUTSCHE-BANK | na | - | - | - |
| * | 2/24/04 | Station Casinos Inc | 350 | 6.875 | Sr Sub Notes | 2/1/16 | 100 | 6.875 | 286 | B1 | B+ | NR | BA-SEC-LLC DEUTSCHE-BK-SEC LEH | na | - | - | - |
| - | 2/24/04 | Wells Fargo Bank NA | 50 | Floats | Flt Rate Bk Nts | 3/2/05 | 100 | Floats | - | Aa1 | AA | AA | JPM | na | - | - | - |
| - | 2/25/04 | American Express Centurion Bk | 200 | Floats | FR MT Bank Nts | 2/25/05 | 100 | Floats | - | Aa3 | A+ | A+ | JPM | na | - | - | - |
| * | 2/25/04 | Anheuser Busch Inc | 300 | 5 | Notes | 3/1/19 | 99.728 | 5.026 | 102 | A1 | A+ | NR | UBS-INV-BANK | na | - | - | - |
| * | 2/25/04 | K2 (USA) LLC | 150 | Floats | Mdm-Trm Fl Nts | 9/12/05 | 100 | Floats | - | Aaa | AAA | NR | JPM | na | - | - | - |
| * | 2/25/04 | Nortek Holdings Inc | 200 | Floats | Sr Flt Notes | 12/31/10 | 100 | Floats | - | B1 | B+ | NR | DEUTSCHE-BK-SEC BEAR | na | - | - | - |
| * | 2/25/04 | Tango Finance Ltd | 106.5 | Floats | Mdm-Trm Fl Nts | 3/15/05 | 100 | Floats | - | Aaa | AAA | NR | JPM | na | - | - | - |
| * | 2/25/04 | White Pine Finance LLC | 50 | Floats | Mdm-Trm Fl Nts | 3/16/05 | 100 | Floats | - | Aaa | AAA | NR | JPM | na | - | - | - |
| - | |||||||||||||||||
| Source: Thomson Financial/Securities Data. For more information, call Rich Petersonat (973) 645-9701. | |||||||||||||||||
| BP SPRD. - basis point spread over Treasuries; FLT. SPRD. - basis point spread over floating index; Comb. - fee is combined; NR - not rated; Na - not available; *144A | |||||||||||||||||
| // Manager responsible for running the books; Contains offerings of $2 million or more and includes only the portion of global deals distributed in the U.S.; | |||||||||||||||||
| * More managers, but not listed; JB - joint books; Ý estimated price. |
Financing Record (FEBRUARY 19 - FEBRUARY 25)
