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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who started this subject12/3/2002 5:06:34 PM
From: Teri Garner  Read Replies (3) of 436258
 
MBNA plans $500 million credit card bonds
(Reuters 12/03 14:06:08)

NEW YORK, Dec 3 (Reuters) - Credit card issuer MBNA Corp.
<KRB.N> plans to sell $500 million of bonds backed by credit
card receivables this week, syndicate sources said.
Deutsche Bank Securities is leading the transaction, while
Banc of America Securities, Banc One Capital Markets, Credit
Suisse First Boston, J.P. Morgan, and Salomon Smith Barney are
co-managers.
The following are the early terms and conditions of
"MBNASeries 2002-A13" (subject to change):

****
Issue Amount $500 million
Average Life 5 years
Price Guidance 1-month Libor + 13-14 bps
****
((--Dan Wilchins, U.S. Mortgage Unit, ++1 646 223 6320))
REUTERS

S.RT KRB US.R MTG.R DBT.R USC.R
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