Grease and flour a 12-cup Bundt pan. Beat all ingredients in large bowl on low speed, scraping bowl constantly, 1 minute. Beat on medium speed, scraping bowl occasionally, 2 minutes. Pour into pan.
Bake at 350° F until a wooden pick inserted in center comes out clean, about 40 to 45 minutes. Cool 15 minutes and remove from pan. Drizzle with Glaze.
Mix all ingredients until glaze is smooth and of drizzling consistency. Drizzle over cake.Servings: 8 to 10