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Published on 12/2/2009 in the Prospect News Emerging Markets Daily.

Emerging markets calendar

NOVEMBER 30 WEEK

PT CHANDRA ASRI PETROCHEMICAL: $250 million five-year bonds; DBS Securities, Deutsche Bank; roadshow week of Oct. 26; Jakarta, Indonesia, ethylene and propylene producer.

TV AZTECA SA DE CV: $40 million unsecured notes due Dec. 10, 2010 linked to Mexican peso; BCP Securities; Mexican television network; price talk 8¾% to 9%; launched Nov. 23 at 8¾%

FIRST SHIP LEASE TRUST: $200 million senior notes due 2016 (/B+/BB-); JP Morgan, Jefferies & Co. (joint), Dahlman Rose & Co., Daiwa Capital Markets, DnB Nor Markets, OCBC Bank, UniCredit Capital Markets; Rule 144A for life; non-callable for four years; to repay bank debt and fund vessel acquisitions; Singapore-based shipping trust that provides alternative capital financing to the maritime industry; roadshow including Singapore, Hong Kong, London and United States started Nov. 25; pricing Nov. 30 week.

DECEMBER 7 WEEK

SIGMA ALIMENTOS SA DE CV: $250 million 10-year senior notes (expected /BBB-/BBB-); Deutsche Bank, Santander; Rule 144A/Regulation S; proceeds to refinance existing indebtedness; roadshow Dec. 3-7; producer and distributor of refrigerated and frozen food products based in Nuevo Leon, Mexico.

CEMEX FINANCE: Benchmark-sized offering of seven-year senior secured notes (B/B+); Citigroup, Bank of America Merrill Lynch, JP Morgan; Rule 144A/Regulation S; non-callable for four years; roadshow Dec. 3-7 in London, Los Angeles, San Francisco, New York, Philadelphia/Baltimore; Monterrey, Mexico-based building materials company.

ON THE HORIZON

GULF INVESTMENT BANK: Expected dollar-denominated bonds or sukuk offering; Barclays Capital, GIB Financial, HSBC, UBS; timing and structure to be determined.

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: RUB 5 billion 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.

ASIAN DEVELOPMENT BANK: 1 billion renminbi-denominated "Panda" 10-year bonds; Manila, Philippines-based financial institution; pricing Dec. 4; via China International Capital Corp. Ltd.

ROADSHOWS

From Nov. 25: FIRST SHIP LEASE TRUST: $200 million senior notes due 2016; JP Morgan, Jefferies & Co.

Dec. 3-7: SIGMA ALIMENTOS SA DE CV: $250 million 10-year senior notes; Deutsche Bank, Santander.

Dec. 3-8: CEMEX FINANCE: Planned benchmark-sized offering of seven-year senior secured notes; Bank of America Merrill Lynch, Citibank, JP Morgan.


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