Emerging markets calendar: Embraer ahead

SEPTEMBER 28 WEEK

EMPRESA BRASILEIRA de AERONAUTICA SA (EMBRAER): Dollar-denominated global bonds due 2020; Deutsche Bank Securities, Morgan Stanley; SEC registered; for general corporate purposes, which may include refinancing debt of Embraer and its subsidiaries and/or the funding of working capital needs and capital expenditures; aircraft manufacturer headquartered in São José dos Campos, Brazil; to be marketed globally during Sept. 28 week.

ON THE HORIZON

BANCO BRADESCO SA: Dollar-denominated tier 2 bonds due 2019 (expected ratings Baa3//BBB); HSBC, Bradesco BBI; Rule 144A/Regulation S; private bank headquartered in Osasco, Brazil; to launch, subject to market conditions, following investor meetings in Europe and the United States.

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.

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

PACIFIC RUBIALES ENERGY CORP.: Non-deal roadshow led by Bank of America Merrill Lynch; Sept. 28 in London, Sept. 29 in Boston, Sept. 30 in New York, Oct. 1 in Los Angeles, Oct. 2 in San Francisco; Colombia's second largest oil and gas company.

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

Sept. 29-Oct. 2: PACIFIC RUBIALES ENERGY CORP.: Non-deal roadshow led by Bank of America Merrill Lynch; Sept. 28 in London, Sept. 29 in Boston, Sept. 30 in New York, Oct. 1 in Los Angeles, Oct. 2 in San Francisco

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