Total amount of dollar-denominated high-yield bond offerings being marketed: $2.865 billion

WEEK OF MARCH 10

GLOBAL EXCHANGE SERVICES, INC.: $175 million senior secured floating-rate notes due 2008 (B1/B+); Credit Suisse First Boston; Rule 144A; callable after 18 months; to refinance bank debt; Gaithersburg, Md. company provides automation services and software; roadshow underway; price talk three-month Libor plus 750 basis points; pricing Tuesday or Wednesday.

WILLIAM LYON HOMES: $200 million senior notes due 2013 (B3/B-); UBS Warburg (books), Salomon Smith Barney (co-manager); 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; roadshow March 3-12; pricing March 12.

THE SHAW GROUP: $250 million senior notes due 2010 (BB); Credit Suisse First Boston, UBS Warburg (joint); Rule 144A; non-callable for four years; to tender for LYONs; Baton Rouge, La.-based company provides piping systems, engineering, procurement and construction services to power generators; roadshow started Feb. 28-March 12; pricing during the week of March 10.

MOORE NORTH AMERICA FINANCE, INC.: $400 million senior notes 2013 (B1); Rule 144A; Deutsche Bank, Salomon Smith Barney and Morgan Stanley; also $850 million credit facility; to finance acquisition of Computer Services Inc. and refinance debt of Moore and Wallace; print and digital information management company headquartered in Stamford, Conn.; roadshow started March 4; pricing week of March 10.

AMERIPATH INC.: $210 million senior subordinated notes due 2013; (expected ratings B3/B-); Credit Suisse First Boston and Deutsche Bank Securities (joint books); non-callable for five years; also $375 million credit facility; to help fund LBO by Welsh, Carson, Anderson & Stowe, to be completed before April 30, 2003; transaction valued at approximately $839.4 million; Riviera Beach, Fla. provider of cancer diagnostics, genomic, and related information services; roadshow March 4-13; to price during the week of March 10.

GENERAL MARITIME CORP.: $250 million senior notes due 2013 (B1/B+); JP Morgan (books), Bank of America Securities, Credit Suisse First Boston, Lehman Brothers (co's); Rule 144A; non-callable for five years; to repay debt incurred to fund the acquisition of 19 tankers from Metrostar; sea borne crude oil transporter headquartered in New York City; roadshow started March 5; pricing March 14.

ISTAR FINANCIAL INC.: $150 million senior notes due March 2008 (Ba1/BB+/BBB-); Deutsche Bank Securities; non-callable with a T+50 make-whole call; to repay debt and general corporate purposes; New York City-based finance company focused on commercial real estate; roadshow started middle of week of March 3; expected to price week of March 10.

http://www.sec.gov/Archives/edgar/data/1095651/000104746903007730/a2104516z424b5.txt

LA QUINTA PROPERTIES, INC.: $250 million senior notes due 2011 (Ba3 expected/BB- confirmed); Lehman Brothers (books), CIBC World Markets, Fleet Securities, JP Morgan (co-managers); Rule 144A; non-callable for four years; to help fund tender offer for existing notes and repay bank debt; Dallas-based lodging company; roadshow March 7-14.

PEABODY ENERGY: $500 million senior notes due 2013; Lehman Brothers, Morgan Stanley (joint); Rule 144A; non-callable for five years; also $1.2 billion credit facility via Lehman Brothers; to refinance debt; St. Louis coal company; roadshow March 11-13, pricing March 14.

WEEK OF MARCH 17

DOLE FOOD CO., INC.: $450 million in two tranches; $375 million due 2011 via Dole Food Co. (B2); non-callable for four years; $75 million PIK notes due 2013 via DHM Holding Co., Inc.; call structure to be determined; Deutsche Bank Securities, Banc of America Securities (joint), Fleet Securities, Scotia Capital, SG Cowen (co's); Rule 144A; to help fund the leveraged buyout of Dole Food Co., Inc. by DHM Acquisition Co.; roadshow started March 6; pricing March 19 or 20.

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

MTR GAMING GROUP, INC.: $130 million senior notes due 2010; Rule 144A; to repay credit facility, and for general corporate purposes, including the repurchase of up to $30 million of common stock; Chester, W. Va. co. owns and operates gaming and lodging properties; expected to be completed in March.

BARNEY'S, INC.: $100 million (face) $90 million (proceeds) senior secured notes due 2008 (B3); Jefferies; Rule 144A; to repay debt and pay certain deferred rent obligations; wholly owned subsidiary of Barney's New York, Inc.

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

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. 28-March 12: THE SHAW GROUP $250 million; Credit Suisse First Boston, UBS Warburg; Rule 144A; 7NC4

Started Feb. 28: GLOBAL EXCHANGE SERVICES, INC. $175 million; Credit Suisse First Boston; Rule 144A; 10 year maturity, non-callable for 18 months

March 3-12: WILLIAM LYON HOMES $200 million; UBS Warburg, Salomon Smith Barney; registered; 10NC5

Started March 4: MOORE NORTH AMERICA FINANCE, INC. $400 million; Rule 144A; 10 year maturity

Started March 4: AMERIPATH INC. $210 million; Credit Suisse First Boston, Deutsche Bank Securities: 10NC5.

Started March 5: GENERAL MARITIME CORP. $250 million; JP Morgan; Rule 144A; 10NC5

Started mid-week during the week of March 3: ISTAR FINANCIAL INC. $150 million; Deutsche Bank Securities; 5 year maturity

Started March 6: DOLE FOOD CO., INC./DMH HOLDING CO., INC. $450 million; Deutsche Bank Securities, Banc of America Securities; Rule 144A

March 7-14: LA QUINTA PROPERTIES, INC. $250 million; Lehman Brothers; Rule 144A; 8NC4

March 11-13: PEABODY ENERGY $500 million; Lehman Brothers, Morgan Stanley; Rule 144A; 10NC5

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