ON THE HORIZON

ADVANCED SEMICONDUCTOR ENGINEERING INC.: (Symbol: ASX): $135 million of five-year convertible notes, with a $15 million greenshoe; via lead manager Goldman Sachs International; the Taiwanese semiconductor testing firm also plans to sell 60 million American Depositary Shares, which will each represent five ordinary shares with a par value of NT$10 each; timing will be as soon as the registration statement at the Securities and Exchange Commission becomes effective.

RECENT SHELF FILINGS WITH THE SEC:

AMERICAN FINANCIAL GROUP, INC. (Symbol: AFG): $600 million shelf filed June 30 for debt securities, common stock, preferred stock, warrants, depositary shares, stock purchase contracts, stock purchase units and trust preferreds; securities may be issued as convertibles; includes $115 million previously registered but unsold; Cincinnati property and casualty insurer will use proceeds for general corporate purposes.

BRANDYWINE REALTY TRUST (Symbol: BDN): $750 million shelf filed July 1 for preferred shares, common shares, depositary shares, warrants and debt securities; securities may be issued as convertibles; Plymouth Meeting, Pa. office and industrial real estate investment trust will use proceeds for general business purposes.

ENCORE ACQUISITION CO. (Symbol: EAC): $500 million shelf filed June 30 for debt securities including possible add-ons to 6¼% notes due 2014, preferred stock and common stock; securities may be issued as convertibles; includes $162.64 million previously registered but unsold; Fort Worth, Tex. energy company will use proceeds for general corporate purposes.

MACK-CALI REALTY CORP. (Symbol: CLI): $2.5 billion shelf filed July 1 for common stock, preferred stock, depositary shares, warrants and debt securities; securities may be issued as convertibles; includes $574.7 million previously registered but unsold; Cranford, N.J. office and commercial real estate investment trust will use proceeds for general corporate purposes.

MATRIX SERVICE CO. (Symbol: MTRX): $125 million shelf filed July 1 for common stock, preferred stock, debt securities or warrants; securities may be issued as convertibles; Tulsa, Okla. provider of construction, repair and maintenance services to power and petroleum industries will use proceeds for general corporate purposes.

RUSSELL CORP. (Symbol: RML): $250 million shelf filed June 25 for debt securities, common stock, preferred stock and warrants; securities may be issued as convertibles; Atlanta athletic and sporting goods company will use proceeds for general corporate purposes.

TRIZEC PROPERTIES, INC. (Symbol: TRZ): $750 million shelf filed June 25 for preferred stock, depositary shares, common stock and warrants; preferreds may be sold as convertibles; includes some securities previously registered but unsold; Chicago office real estate investment trust will use proceeds for general corporate purposes.

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