| Rule 144A Private Place- ment |
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 % | Underwriting Fee % | Mgmt. Fee % |
| 3/18/2004 | Aegon NV | 200 | Floats | Mdm-Trm Fl Nts | 3/25/2009 | 100 | Floats | - | Aa3 | AA | NR | CITIGROUP-JPM | na | - | - | - | |
| 3/18/2004 | Bear Stearns Cos Inc | 750 | 3.25 | Notes | 3/25/2009 | 99.639 | 3.329 | - | A1 | A | A+ | BEAR | na | - | - | - | |
| 3/18/2004 | CarrAmerica Realty Corp | 225 | 3.625 | Sr Unsecurd Nts | 4/1/2009 | 99.663 | 3.699 | 100 | Baa2 | BBB | NR | BA-SEC-LLC-JPM | 0.6 | 0.35 | Comb. | Comb. | |
| 3/18/2004 | First Tennessee Bank Natl Asso | 150 | Floats | Flt Rate Bk Nts | 9/22/2005 | 100 | Floats | - | A1 | A | A+ | CS-FB-CS | na | - | - | - | |
| 3/18/2004 | First Tennessee Bank Natl Asso | 100 | Floats | Flt Rate Bk Nts | 9/22/2005 | 100 | Floats | - | A1 | A | A+ | GS | na | - | - | - | |
| Yes | 3/18/2004 | HBOS Treasury Services Plc | 100 | 4.95 | Medium-Term Nts | 1/4/2019 | 100 | 4.95 | 122 | Aa2 | AA | NR | JPM | na | - | - | - |
| Yes | 3/18/2004 | Ispat Inland Inc(Ispat Intl) | 650 | 9.75 | Sr Secured Nts | 4/1/2014 | 99.212 | 9.876 | 615 | Caa1 | B- | NR | UBS-INV-BANK | na | - | - | - |
| Yes | 3/18/2004 | Ispat Inland Inc(Ispat Intl) | 150 | Floats | Flt Sr Sec Nts | 4/1/2010 | 100 | Floats | - | Caa1 | B- | NR | UBS-INV-BANK | na | - | - | - |
| Yes | 3/18/2004 | JetBlue Airways Corp | 187.9 | Floats | Equip Tr Certs | 9/15/2015 | 100 | Floats | - | Aaa | AAA | NR | MORGAN-STANLEY | na | - | - | - |
| Yes | 3/18/2004 | JetBlue Airways Corp | 124 | Floats | Equip Tr Certs | 9/15/2009 | 100 | Floats | - | Ba1 | BB+ | NR | MORGAN-STANLEY | na | - | - | - |
| Yes | 3/18/2004 | JetBlue Airways Corp | 119.1 | Floats | Equip Tr Certs | 6/15/2015 | 100 | Floats | - | Aaa | AAA | NR | MORGAN-STANLEY | na | - | - | - |
| 3/18/2004 | Lehman Brothers Holdings Inc | 10 | Floats | Mdm-Trm Fl Nts | 4/14/2011 | 100 | Floats | - | A1 | A | A- | LEH | na | - | - | - | |
| 3/18/2004 | Lehman Brothers Holdings Inc | 25 | Floats | Step-Up MTN | 4/16/2019 | 100 | Floats | - | A1 | A | A- | LEH | na | - | - | - | |
| Yes | 3/18/2004 | Monumental Global Funding II | 100 | Floats | Mdm-Trm Fl Nts | 3/25/2009 | 100 | Floats | - | Aa3 | NR | NR | CITIGROUP | na | - | - | - |
| 3/18/2004 | Pacific Gas and Electric Co | 1,000.00 | 4.8 | Fst Mtg Bonds | 3/1/2014 | 99.847 | 4.82 | 109 | Baa2 | BBB | NR | LEH-UBS-INV-BANK | 0.65 | - | Comb. | Comb. | |
| 3/18/2004 | Pacific Gas and Electric Co | 500 | 4.2 | Fst Mtg Bonds | 3/1/2011 | 99.74 | 4.244 | 154 | Baa2 | BBB | NR | LEH-UBS-INV-BANK | 0.625 | - | Comb. | Comb. | |
| 3/18/2004 | Pacific Gas and Electric Co | 600 | 3.6 | Fst Mtg Bonds | 3/1/2009 | 99.903 | 3.622 | 92 | Baa2 | BBB | NR | LEH-UBS-INV-BANK | 0.6 | - | Comb. | Comb. | |
| 3/18/2004 | Pacific Gas and Electric Co | 3,000.00 | 6 | Fst Mtg Bonds | 3/1/1934 | 99.512 | 6.035 | 136 | Baa2 | BBB | NR | LEH-UBS-INV-BANK | 0.875 | - | Comb. | Comb. | |
| 3/18/2004 | Pacific Gas and Electric Co | 1,600.00 | Floats | Fst Mtg Flt Nts | 4/3/2006 | 100 | Floats | - | Baa2 | BBB | NR | LEH-UBS-INV-BANK | 0.25 | - | Comb. | Comb. | |
| Yes | 3/18/2004 | Tango Finance Ltd | 80 | Floats | Mdm-Trm Fl Nts | 9/26/2005 | 100 | Floats | - | Aaa | AAA | NR | JPM | a | - | - | - |
| 3/18/2004 | Toyota Motor Credit Corp | 160 | 5.07 | Medium-Term Nts | 4/1/2019 | 100 | 5.07 | 83 | Aaa | AAA | NR | JPM | na | - | - | - | |
| 3/18/2004 | UBS AG Stamford | 150 | Floats | Flt Rte CDs | 9/22/2005 | 100 | Floats | -45 | Aa1 | AA+ | NR | JPM | na | - | - | - | |
| 3/19/2004 | Citigroup | 1,000.00 | Floats | Global FRNs | 3/29/2006 | 100 | Floats | - | Aa1 | AA- | AA+ | CITIGROUP | na | - | - | - | |
| 3/19/2004 | International Lease Finance | 600 | 3.5 | Global Notes | 4/1/2009 | 99.785 | 3.547 | 80 | A1 | AA | NR | BA-SEC-LLC-CS-FB-CS-JPM | na | - | - | - | |
| Yes | 3/19/2004 | Standard Commercial Corp | 150 | 8 | Senior Notes | 3/25/2012 | 100 | 8 | - | Ba3 | BB+ | NR | DEUTSCHE-BK-SEC-ING-BARINGS | na | - | - | - |
| 3/22/2004 | Entergy Mississippi(Entergy) | 100 | 6.25 | Fst Mtg Bonds | 4/1/1934 | 99.543 | 6.284 | 160 | Baa2 | BBB+ | NR | ABN-AMRO-INC-JPM | na | - | - | - | |
| Yes | 3/22/2004 | FEDEX Corp | 600 | Floats | Float Rate Nts | 4/1/2005 | 100 | Floats | - | Baa2 | BBB | NR | JPM | na | - | - | - |
| Yes | 3/22/2004 | FEDEX Corp | 500 | 2.65 | Notes | 4/1/2007 | 99.925 | 2.676 | 78 | Baa2 | BBB | NR | JPM | na | - | - | - |
| Yes | 3/22/2004 | FEDEX Corp | 500 | 3.5 | Notes | 4/1/2009 | 99.904 | 3.521 | 83 | Baa2 | BBB | NR | JPM | na | - | - | - |
| Yes | 3/22/2004 | Interactive Healthcare | 100 | 7.25 | Senior Notes | 4/1/2011 | 80.424 | 11.373 | - | B3 | B- | NR | JEFFERIES | na | - | - | - |
| Yes | 3/22/2004 | Metropolitan Edison Co | 250 | 4.875 | Fst Mtg Bonds | 4/1/2014 | 99.693 | 4.914 | 120 | Baa2 | BBB- | BBB | JPM-WACHOVIA-SEC | na | - | - | - |
| 3/22/2004 | National City Corp,Cleveland | 50 | 5.004 | Medium-Term Nts | 3/29/2019 | 100 | 5.004 | 32 | A1 | A | AA- | JPM | na | - | - | - | |
| 3/22/2004 | Principal Life Insurance Co | 300 | 3.2 | Notes | 4/1/2009 | 99.789 | 3.246 | 55 | Aa3 | AA | NR | CS-FB-CS-MERRILL | na | - | - | - | |
| 3/22/2004 | TransCanada Capital | 350 | 5.6 | Notes | 3/25/1934 | 99.653 | 5.624 | - | A2 | A- | NR | JPM | na | - | - | - | |
| 3/22/2004 | Valero Energy Corp | 200 | 4.75 | Notes | 4/1/2014 | 99.597 | 4.801 | 107 | Baa3 | BBB | BBB- | BARCLAYS-CAP-LEH | na | - | - | - | |
| 3/22/2004 | Valero Energy Corp | 200 | 3.5 | Notes | 4/1/2009 | 99.525 | 3.604 | 92 | Baa3 | BBB | BBB- | BARCLAYS-CAP-LEH | na | - | - | - | |
| Yes | 3/23/2004 | Aleutian Investments LLC | 195 | Floats | Float Rate Nts | 4/9/2010 | 100 | Floats | - | Aaa | AAA | NR | BEAR-MERRILL-BARCLAYS-CAP-UBS-INV-BANK | na | - | - | - |
| 3/23/2004 | CIT Group Inc | 500 | 3.375 | Global Notes | 4/1/2009 | 99.649 | 3.452 | 79 | A2 | A | A | CS-FB-CS-JPM-UBS-INV-BANK | na | - | - | - | |
| 3/23/2004 | Equity Office Properties Trust | 1,000.00 | 4.75 | Notes | 3/15/2014 | 99.774 | 4.779 | 108 | Baa1 | BBB+ | BBB | CITIGROUP-JPM | na | - | - | - | |
| Yes | 3/23/2004 | Equity One Inc | 200 | 3.875 | Notes | 4/15/2009 | 99.875 | 3.903 | 125 | Baa3 | BBB- | NR | DEUTSCHE-BK-SEC-CS-FB-CS-JPM | na | - | - | - |
| Yes | 3/23/2004 | K2 (USA) LLC | 100 | Floats | Mdm-Trm Fl Nts | 10/7/2005 | 100 | Floats | - | Aaa | AAA | NR | GS | na | - | - | - |
| Yes | 3/23/2004 | Links Finance Corporation | 100 | Floats | Mdm-Trm Fl Nts | 10/17/2005 | 100 | Floats | - | Aaa | AAA | NR | GS | na | - | - | - |
| 3/23/2004 | Morgan Stanley | 850 | Floats | Ext Flt Rt Bond | 3/14/2008 | 100 | Floats | - | A3 | A+ | NR | MORGAN-STANLEY | na | - | - | - | |
| 3/23/2004 | Morgan Stanley | 4,000.00 | 4.75 | Sub Global Note | 4/1/2014 | 99.217 | 4.85 | 117 | A1 | A | A | MORGAN-STANLEY | na | - | - | - | |
| 3/23/2004 | Southern California Edison Co | 350 | 5.75 | Fst Mtg Bonds | 4/1/1935 | 99.956 | 5.753 | 108 | Baa2 | BBB | BB | CITIGROUP-JPM | na | - | - | - | |
| 3/23/2004 | Southern California Edison Co | 300 | 4.65 | Fst Mtg Bonds | 4/1/2015 | 99.658 | 4.69 | 97 | Baa2 | BBB | BB | CITIGROUP-JPM | na | - | - | - | |
| 3/24/2004 | American General Finance Corp | 250 | Floats | Float Rate Nts | 3/29/2006 | 100 | Floats | - | A1 | A+ | A+ | BA-SEC-LLC-JPM | na | - | - | - | |
| 3/24/2004 | General Electric Capital Corp | 1,000.00 | Floats | Global FRNs | 3/29/2006 | 100 | Floats | - | Aaa | AAA | NR | LEH-MORGAN-STANLEY-UBS-INV-BANK | na | - | - | - | |
| 3/24/2004 | General Electric Capital Corp | 1,000.00 | Floats | Global FRNs | 3/29/2006 | 100 | Floats | - | Aaa | AAA | NR | LEH-MORGAN-STANLEY-UBS-INV-BANK | na | - | - | - | |
| 3/24/2004 | General Electric Capital Corp | 1,000.00 | 3.125 | Global Notes | 4/1/2009 | 99.844 | 3.159 | 50 | Aaa | AAA | NR | LEH-MORGAN-STANLEY-UBS-INV-BANK | na | - | - | - | |
| 3/24/2004 | Goldman Sachs Group Inc | 1,000.00 | Floats | Float Rate Nts | 3/30/2007 | 100 | Floats | - | Aa3 | A+ | NR | GS | na | - | - | - | |
| 3/24/2004 | Lehman Brothers Holdings Inc | 300 | 6 | Medium-Term Nts | 6/2/2006 | 100 | 6 | - | A1 | A | A+ | LEH | na | - | - | - | |
| Yes | 3/24/2004 | Real Mex Restaurants Inc | 105 | 10 | Sr Secured Nts | 4/1/2010 | 100 | 10 | 707 | B2 | B- | NR | JEFFERIES | na | - | - | - |
| Source: Thomson Financial/Securities Data. For more information, call Rich Peterson at (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; n 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; † estimated price. |
Financing Record (MARCH 18 -- MARCH 24)
