Emerging markets calendar: CSN plans benchmark deal

AUGUST 31 WEEK

KOREA NATIONAL HOUSING CORP. (KNHC): Benchmark-sized dollar-denominated senior notes (A2/A); Bank of America Merrill Lynch, Citigroup, Goldman Sachs & Co. Morgan Stanley, Samsung Securities, UBS AG; Regulation S; for general corporate purposes; price talk Treasuries plus 275 bps area roadshow wrapped up Wednesday.

SEPTEMBER 7 WEEK

BYBLOS BANK SAL: $200 million tier I non-cumulative redeemable series 2009 preferred shares; to increase capital; Beirut, Lebanon-based full-service banking company; official subscription started Aug. 28, and is expected to close on Sept. 9.

SEPTEMBER 14 WEEK

COMPANHIA SIDERURGICA NACIONAL (CSN): Benchmark sized senior notes (issuer ratings Ba1/BB+/BBB-); Morgan Stanley, Banco Itau (joint); Rule 144A/Regulation S; Brazilian steel company; roadshow Sept. 8-9 in London, Sept. 10 in New York, Sept. 11 in Boston, Sept. 14 in Los Angeles; pricing subject to market conditions.

ON THE HORIZON

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

ROMANIA: Five-year bond issue; Credit Suisse, UBS, Deutsche Bank.

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

LOCAL CURRENCY

GREGORIO, NUMO Y NOEL WERTHEIN SA: Up to Ps. 50 million of floating-rate class I notes due 2014 at par under Ps. 200 million global notes program; via Banco de Valore SA is the agent; for working capital in Argentina and/or to repay debt; Buenos Aires food company.

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

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.

ROADSHOWS

Sept. 8-14: COMPANHIA SIDERURGICA NACIONAL (CSN): Benchmark sized senior notes (issuer ratings Ba1/BB+/BBB-); Morgan Stanley, Banco Itau (joint)

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