Emerging markets calendar: VTB to sell CHF 150 million Friday

JULY 6 WEEK

VTB CAPITAL SA: Minimum CHF 150 million two-year bonds (Baa1/BBB/BBB); BNP Paribas, VTB Capital (joint books); Moscow-based government-run commercial and retail lender; initial guidance for 7½% coupon, spread of mid-swaps plus 675 bps; expected pricing July 10.

ON THE HORIZON

GRUPO HERDEZ SA de CV: $50 million senior notes with seven-year final maturity and five-year average life; JP Morgan; private placement; Mexico City-based food processing company.

LOCAL CURRENCY

BANK OF RAJASTHAN LTD.: Rs. 500 million series 7 unsecured non-convertible redeemable subordinated tier 2 bonds; Jaipur, India-based bank.

PETROCHINA CO. LTD.: RMB 26 billion medium-term notes; Beijing-based energy company.

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

SABESP: R$600 million 180-day promissory note; BB Banco de Investimento SA (lead); Caixa Economica Federal, HSBC Corretora de Titulos e Valores Mobiliarios SA, Banco Votorantim SA (co-managers); Sao Paulo, Brazil-based utility

ROADSHOWS

July 17 to 21: SRI LANKA: Roadshow July 17 on the U.S. west coast, July 20 in New York and July 21 in Boston.

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