Emerging markets calendar: Kansas City Southern de Mexico to sell $200 million

MARCH 23 WEEK

VIETNAM: $300 million three-tranche bond issue in local market via competitive, non-competitive bidding; first tranche priced March 20, second priced March 24.

• $100 million three-year bond, pricing March 27

ON THE HORIZON

EGYPT: Egyptian pound-denominated eurobonds (Ba1/BB+/BB+); HSBC, Merrill Lynch (joint books); pricing originally expected in 2008.

LOCAL CURRENCY

AMBANK BHD.: S$425 million 10-year stapled notes (BB/BB); BNP Paribas, AmBank (joint books); proceeds to fund the bank's growth; Kuala Lumpur, Malaysia-based retail and commercial bank.

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 COMMUNICATIONS CONSTRUCTION CO. LTD.: Up to 15 billion yuan bond issue; five- to 15-year maturity; interest rate not to exceed central bank benchmark lending rate; proceeds to refinance debt; Beijing-based infrastructure and ports operator.

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.

ROADSHOWS

March 27-30: ABU DHABI: Non-deal roadshow; Boston, New York; JPMorgan

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