xml = """<IssueTracking>
  <Issue>
    <SequenceNum>123</SequenceNum>
    <Subject>Subject of Ticket 123</Subject>
    <Description>Line 1 in Description field of Ticket 123.
Line 2 in Description field of Ticket 123.
Line 3 in Description field of Ticket 123.</Description>
  </Issue>
  <Issue>
    <SequenceNum>124</SequenceNum>
    <Subject>Subject of Ticket 124</Subject>
    <Description>Line 1 in Description field of Ticket 124.
Line 2 in Description field of Ticket 124.
Line 3 in Description field of Ticket 124.</Description>
  </Issue>
</IssueTracking>
"""
root = etree.fromstring(xml)
for issue in root.findall('Issue'):
    as_list = [issue.find(n).text for n in ('SequenceNum', 'Subject',
        'Description')]
as_list[2] = as_list[2].split('\n')
print(as_list)
Python - How to nest file read loops?