Emerging markets calendar: State Bank of India to price

OCTOBER 5 WEEK

STATE BANK OF INDIA: Expected $1 billion global bonds due 2014; Barclays Capital, Citigroup, HSBC, JP Morgan, UBS AG; Regulation S; state-run Indian bank; pricing expected during Oct. 5 week.

OCTOBER 12 WEEK

BANCO DO BRASIL: Dollar-denominated subordinated fixed-rate tier 1 perpetual notes (expected Baa2); Citigroup, JP Morgan, BB Securities (joint); Rule 144A/Regulation S; Brasilia-based state-controlled bank; roadshow Oct. 8 in Singapore, Oct. 9 in Hong Kong, Oct. 13 in London, Oct. 14 in New York; pricing Oct. 12 week, subject to market conditions.

PT ADARO ENERGY TBK/PT ADARO INDONESIA: Benchmark dollar-denominated senior guaranteed notes due 2019 (Ba1//BB+); Credit Suisse, Deutsche Bank, UBS AG (books), OCBC Bank (joint lead); Rule 144A/Regulation S; non-callable for five years; for capital expenditures and general corporate purposes; Jakarta, Indonesia, coal mining company; roadshow starts Oct. 7 in Hong Kong, ends Oct. 15 in Boston; guidance expected during week of Oct. 12.

ON THE HORIZON

BUKIT MAKMUR MANDIRI UTAMA (BUMA): $600 million debt financing to include five-year bonds; Barclays Capital, Deutsche Bank, ING; Rule 144A/Regulation S; financing also to include a bank loan; Indonesian coal mining company.

IRAN: €1 billion of global bonds; to help finance development of the South Pars field, its largest natural gas field; expected by December.

ISLAMIC DEVELOPMENT BANK: Bond deal; BNP Paribas, Deutsche Bank, HSBC; Jeddah, Saudi Arabia, financial institution.

ROMANIA: Benchmark-sized euro-denominated bonds; Deutsche Bank, EFG Eurobank, HSBC; expected 2009 business.

SLOVENIA: Euro-denominated benchmark-sized bond (Aa2/AA/AA); HSBC, RBS, Societe Generale, UniCredit Banka Slovenija (joint books).

LOCAL CURRENCY

JSC POLYMETAL: 5 billion rubles of three-year bonds; Saint Petersburg, Russia-based mining company.

REGIONAL CONTAINER LINES PCL: 5 billion baht five-year unsecured unsubordinated debentures; Bangkok-based shipping company.

OAO SEVERSTAL: RUB 45 billion five-tranche bond program; two tranches of RUB 5 billion, two tranches of RUB 10 billion and one of RUB 15 billion; maximum tenor of each tranche is three years; expects to place first tranche in September; to refinance debt and for general corporate purposes; Citi and Raiffeisen are joint lead arrangers; Cherepovets, Russia-based steel producer.

ROADSHOWS

Oct. 7-15: PT ADARO ENERGY TBK/PT ADARO INDONESIA: Benchmark dollar-denominated senior guaranteed notes due 2019; Credit Suisse, Deutsche Bank, UBS AG

Oct. 8-14: BANCO DO BRASIL: Dollar-denominated subordinated fixed-rate tier 1 perpetual notes; Citigroup, JP Morgan, BB Securities (joint)

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