Total amount of scheduled dollar-denominated high-yield bond offerings is $1.74 billion

WEEK OF FEBRUARY 24

ON SEMICONDUCTOR CORP: $200 million senior secured first priority notes due 2010 (B3/B); Rule 144A Salomon Smith Barney, Credit Suisse First Boston (joint); Rule 144A; non-callable for four years; to prepay a portion of Semiconductor Components' senior bank facilities; Phoenix-based manufacturer of semiconductors and electronics components; roadshow Feb. 18-25; price talk 12¾%-13%; pricing Wednesday.

EL PASO CORP. SUBSIDIARIES: $700 million in two offerings:

1. SOUTHERN NATURAL GAS COMPANY: $400 million senior notes due 2010 (B1/B+); Salomon Smith Barney, Credit Suisse First Boston (joint), ABN Amro, BNP Paribas, JP Morgan (co's); Rule 144A; non-callable for four years; $95 million for general corporate purposes, remainder to pay a dividend to El Paso Corp.; subsidiary of El Paso Corp.; roadshow starts Tuesday; pricing Friday.

2. ANR PIPELINE CO.: $300 million senior notes due 2010 (B1/B+); Salomon Smith Barney, Credit Suisse First Boston (joint), ABN Amro, BNP Paribas, JP Morgan (co's); Rule 144A; non-callable for four years; to retire payables to affiliates, with $25 million retained for general corporate purposes; subsidiary of El Paso Corp.; roadshow starts Tuesday; pricing Friday.

CHESAPEAKE ENERGY CORP.: $300 million senior notes due 2013; Salomon Smith Barney, Credit Suisse First Boston, Bear Stearns; Rule 144A; non-callable for five years; also $200 million convertible preferred stock; to help finance acquisition of natural gas properties from El Paso Corp.; Oklahoma City independent natural gas producer; marketed via conference calls; pricing expected Friday.

FAIRPOINT COMMUNICATIONS, INC.: $225 million senior notes due 2010 (B3); Credit Suisse First Boston, Salomon Smith Barney (joint), Banc of America Securities, Deutsche Bank Securities, Wachovia Securities (co's) Rule 144A; non-callable for four years; part of refinancing plan to reduce debt amortization on credit facilities, extend average life of debt; Charlotte, N.C. provider of rural telecommunications services; roadshow started Feb. 19; expected to price by end of February.

NORTHWEST PIPELINE CORP.: $150 million senior notes due 2010 (B+/Fitch BB-) Lehman Brothers (books), Banc of America Securities (joint lead), Credit Lyonnais, JP Morgan, Salomon Smith Barney, Scotia Capital, TD Securities, Merrill Lynch (co's); Rule 144A; non-callable for four years; for general corporate purposes, including capital expenditures; Salt Lake City subsidiary of The Williams Companies, Inc.; roadshow started Feb. 20; pricing end of Feb. 24 week.

WEEK OF MARCH 3

RADNOR HOLDINGS CORP.: $135 million of senior notes due 2010 (B2/B-); Deutsche Bank Securities (books), Fleet Securities, PNC, UBS Warburg (co's) Rule 144A; to repay revolver and existing notes; Radnor, Pa. manufacturer and distributor of foam packaging and specialty chemical products for the foodservice, insulation and protective packaging industries; roadshow started Feb. 24; pricing March 3 or 4.

FIRST QUARTER

RESOURCE AMERICA, INC.: $30 million of senior notes due 2008; Bear Stearns and Friedman Billings Ramsey (joint); registered; callable on Aug. 1, 2006 at 106; concurrently company will offer up to $65.336 million of new notes in exchange for all outstanding 12% senior notes due 2004; Philadelphia-based company develops, produces and transports oil and natural gas in the Appalachian Basin.

http://www.sec.gov/Archives/edgar/data/83402/000095011603001564/s3.txt

MOORE CORP. LTD.: $400-$500 million notes; also $850 million credit facility lead by Deutsche Bank, Salomon Smith Barney and Morgan Stanley; to help fund $1.3 billion acquisition of Wallace Computer Services Inc.; first quarter business.

DOLE FOOD CO.: Up to $450 million of bonds to help fund leveraged buyout by DHM Acquisition Co. vehicle of company chairman David H. Murdock; with up to $1.1 billion of senior secured credit facilities via Deutsche Bank, Scotia Capital and Bank of America; Westlake Village, Calif. fresh fruit, vegetables and flowers company.

TRUMP CASINO HOLDINGS, LLC/TRUMP CASINO FUNDING, INC.: $470 million mortgage notes due 2011; Credit Suisse First Boston, Deutsche Bank Securities, UBS Warburg (joint); Rule 144A; to refinance debt; gaming firm.

LOEWS CINEPLEX THEATRES: senior subordinated notes; Rule 144A; coming with senior credit facility and IPO; IPO via Goldman Sachs, Salomon Smith Barney, Credit Suisse First Boston and Merrill Lynch; to repay debt and for general corporate purposes; motion picture exhibitor headquartered in New York City.

ON THE HORIZON

AMERIPATH INC.: new high yield issuance; Credit Suisse First Boston and Deutsche Bank; also $375 million credit facility; to help fund the merger with Amy Acquisition Corp., a corporation formed by Welsh, Carson, Anderson & Stowe to be completed before April 30, 2003. The transaction is valued at approximately $839.4 million; Riviera Beach, Fla. provider of cancer diagnostics, genomic, and related information services; anticipated first quarter of 2003.

WILLIAM LYON HOMES: $200 million senior notes due 2012 (B3); UBS Warburg (books), Salomon Smith Barney (co); registered; non-callable for five years; equity clawback; to repay debt including $71 million 12½% notes due 2003 (issued by The Presley Cos.); Newport Beach, Calif. homebuilder; will price during 2002 pending market conditions.

RIVERWOOD HOLDING, INC.: senior notes (B-); along with proceeds of IPO and new term loan, to repay outstanding senior notes and senior subordinated notes and part of the borrowings on its revolving credit facility; Atlanta, Ga.-based paperboard company.

ROADSHOWS

Started Feb. 18: ON SEMICONDUCTOR CORP. $200 million; Salomon Smith Barney, Credit Suisse First Boston; Rule 144A; 7NC4

Started Feb. 19: FAIRPOINT COMMUNICATIONS, INC. $225 million; Credit Suisse First Boston, Salomon Smith Barney; Rule 144A; 7NC4

Started Feb. 20: NORTHWEST PIPELINE CORP. $150 million; Lehman Brothers; Rule 144A; 10NC4

Started Feb. 24: RADNOR HOLDINGS CORP. $135 million; Deutsche Bank Securities; Rule 144A; 7 year maturity

RECENT SHELF FILINGS

FERRELLGAS PARTNERS, LP: $500 million shelf filed Feb. 18 for common units, senior units, deferred participation units, warrants and debt securities; units may be issued as convertibles; Liberty, Mo. propane marketer will use proceeds for general business purposes.

http://www.sec.gov/Archives/edgar/data/922358/000092235803000013/s3_02052003.txt

NEWFIELD EXPLORATION CO.: $575 million shelf filed Feb. 20 for debt securities, common stock, stock purchase contracts, stock purchase units, preferred stock, depositary shares and securities warrants; securities may be issued as convertibles; Houston oil and gas company will use proceeds for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/912750/000095012903000915/h03470sv3.txt

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