Emerging markets calendar

OCTOBER 26 WEEK

AXIS BANK (Baa2/BBB-/): Dollar-denominated benchmark offering; Barclays, HSBC, JP Morgan, Standard Chartered Bank; Regulation S only; roadshow Oct. 26-28 in Singapore, Hong Kong and London; Mumbai, India-based bank.

BANCO DE CREDITO DEL PERU (BCP): Dollar-denominated benchmark offering (/BBB-/BBB); Bank of America Merrill Lynch, JP Morgan; Rule 144A and Regulation S; Peru banking company; roadshow Oct. 26-29 in Zurich, London, Singapore, Hong Kong, Boston, New York, Miami; non-callable for 10 years with step-up in year 10; proceeds to sustain capital ratios.

BANCO BMG: $300 million tier 2 notes (Ba3//); Morgan Stanley, Santander, BTG Pactual, UBS; Rule 144A and Regulation S; Belo Horizonte, Brazil, financial services company; roadshow Oct. 21-28 in Hong Kong, Singapore, Switzerland, London, New York, Boston, Los Angeles.

PT CHANDRA ASRI PETROCHEMICAL: $250 million bond issue; DBS Securities, Deutsche Bank; roadshow the week of Oct. 26; pricing soon after; Jakarta, Indonesia, ethylene and propylene producer.

OAO LUKOIL: Dollar-denominated deal; Barclays Capital, ING, Royal Bank of Scotland; Moscow-based oil and energy company; roadshow Oct. 26-28 in Europe and United States; pricing subject to market conditions.

MEXICHEM SAB DE CV: $350 million senior unsecured notes due 2019 (Ba1//); Bank of America Merrill Lynch; general corporate purposes; Tlalnepantla, Mexico-based producer of PVC resins, pipes and related products; roadshow Oct. 19 week; pricing Oct. 26 week.

NET SERVICOS DE COMUNICACAO: $300 million 10-year bonds; Citigroup, ING Groep NV, Banco Itau; non-callable for five years; proceeds for general business purposes; cable services provider based in Sao Paolo, Brazil.

PLN (Ba2/BB-/): dollar-denominated offering; Barclays, UBS; Rule 144A and Regulation S; roadshow Oct. 23-27 in Singapore, Hong Kong, Los Angeles, London, Boston, New York; Jakarta-based electrical utility.

OCTOBER

HYUNDAI CAPITAL SERVICES: Bonds (Baa2); Citigroup, Deutsche Bank, Goldman Sachs, JP Morgan, Morgan Stanley, Royal Bank of Scotland (joint books); Korea provider of auto financing; roadshow begins Oct. 26 and travels through Asia, Europe and the United States.

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.

DOMINICAN REPUBLIC: Expected benchmark dollar-denominated sovereign global bonds; Barclays Capital, Citigroup; timing and structure to be determined.

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. 19 week: MEXICHEM SAB DE CV: $350 million senior unsecured notes due 2019; Bank of America Merrill Lynch

Oct. 21-28: BANCO BMG: $300 million; Morgan Stanley, Santander, BTG Pactual

Through Oct. 22: EMIRATES; $289 million; BNP Paribas

Week of Oct. 26: HYUNDAI CAPITAL SERVICES: bond issue; Citigroup, Deutsche Bank, Goldman Sachs, JP Morgan, Morgan Stanley, Royal Bank of Scotland

Week of Oct. 26: PLN: Dollar-denominated notes; Barclays, UBS

Week of Oct. 26: BUMA: $350 million issue; Barclays, Deutsche Bank, ING, Macquerie Securities

Week of Oct. 26: PT CHANDRA ASRI PETROCHEMICAL: $250 million bond issue; DBS Securities, Deutsche Bank

Oct. 26-28: OAO LUKOIL: Dollar-denominated deal; Barclays Capital, ING and Royal Bank of Scotland

Oct. 26-28: AXIS BANK: Benchmark dollar-denominated offering; Barclays, HSBC, JP Morgan, Standard Chartered Bank

Oct. 26-29: BANCO DE CREDITO DEL PERU: dollar-denominated benchmark offering; Bank of America, Merrill Lynch, JP Morgan

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