Emerging markets calendar

APRIL 20 WEEK

JBS USA, LLC/JBS USA FINANCE, INC.: $400 million senior notes due 2014 (mid-single B ratings expected); J.P. Morgan Securities Inc., Banc of America Securities LLC (joint), ING, Rabobank, BMO Securities, Credit Suisse (co's); Rule 144A for life/Regulation S; non-callable; to repay inter-company debt and credit facilities, and for general corporate purposes; Greeley, Colo., beef and pork processor; roadshow started April 14; investor call 12:30 p.m. ET Thursday; pricing early April 20 week.

APRIL

GOVERNMENT OF BERMUDA: $200 million senior notes (NAIC 1)in five-year, seven-year and 10-year bullet tranches via private placement; JP Morgan; in the market.

LOCAL CURRENCY

BANK OF COMMUNICATIONS CO. LTD.: Up to 5 billion yuan bonds, maturity of one to three years; proceeds for granting loans, general working capital and general corporate purposes; Shanghai-based retail and commercial bank.

CELLCOM ISRAEL LTD.: NIS 300 million series D debentures; local market only; Netanya, Israel-based telecom provider.

CHINA SHIPPING DEVELOPMENT CO. LTD.: RMB 5 billion 10-year medium-term notes; proceeds to fund building vessels, to repay bank loans; Shanghai-based shipping company.

SISTEMA-HALS JSC: RUR 2 billion five-year bonds; Renaissance Capital; proceeds to restructure debt; Moscow-based real estate development, asset management and facilities management company; pricing April 21.

ROADSHOWS

Started April 14: JBS USA, LLC/JBS USA FINANCE, INC. $400 million; J.P. Morgan Securities Inc., Banc of America Securities LLC

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.