1. HEAT oven to 350°F
2. Generously spray a 12-cup fluted tube pan pan or 10-inch tube pan with flour no-stick cooking spray.
3. Combine cake ingredients in large bowl at low speed until moistened; beat 2 minutes at high speed. Pour batter into prepared pan.
4. BAKE 45 to 60 minutes or until toothpick inserted in center comes out clean. Cool 30 minutes; invert onto serving plate. Cool completely.
5. HEAT frosting in small saucepan just until melted. Spoon glaze over cake, allowing some to run down sides.