Emerging markets calendar

AFRICA & MIDDLE EAST

Sept. 30 Week

RAS AL KHAIMAH: Dollar sukuk notes; Al Hilal Bank, Citigroup, Mashreqbank, National Bank of Abu Dhabi, Standard Chartered Bank; Regulation S; roadshow started Oct. 2.

AL KHALIJ COMMERCIAL BANK: Dollar benchmark notes; BNP Paribas, HSBC, QNB Capital, Standard Chartered Bank; Regulation S; roadshow starts Oct. 3; Doha, Qatar-based lender.

October

AHLI UNITED BANK: Dollar notes; Kuwait-based bank.

ALMARAI: Hybrid issue of Islamic bonds; integrated dairy foods company based in Riyadh, Saudi Arabia.

ASIA

Sept. 30 Week

EXPORT-IMPORT BANK OF MALAYSIA BERHAD (MEXIM): Dollar notes; BNP Paribas, CIMB, HSBC, Maybank; roadshow started Oct. 2.

October

INDUSTRIAL AND COMMERCIAL BANK OF CHINA LTD. (ICBC): Dollar-denominated issue of benchmark-sized notes due in 10 years (expected rating: //BBB+); ICBC, ANZ, BofA Merrill Lynch, Citigroup, Credit Agricole, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, RBS, UBS; Regulation S; bank based in Beijing.

2013

MODERN LAND (CHINA) Co. LTD.: Possible senior notes offering; Regulation S; Citigroup Global Markets Ltd., BOCI Asia Ltd. and Industrial, Commercial Bank of China (Asia) Ltd.; proceeds to fund existing and new property projects and for general corporate purposes; property developer based in Beijing; roadshow began Sept. 23.

MANILA ELECTRIC CO. (MERALCO): $250 million-$300 million notes; Pasig City, Philippines-based electrical power distributor.

2014

REPUBLIC OF TANZANIA: Up to $700 million of notes; pricing expected in the first half of the year.

On The Horizon

BANGLADESH: $1 billion notes by 2015; proceeds for infrastructure projects.

ASIA CAPITAL REINSURANCE: Singapore dollar-denominated notes; reinsurer based in Singapore.

EMERGING EUROPE & CENTRAL ASIA

Sept. 30 Week

TURKEY: Dollar Islamic bonds due in five years (Baa3//BBB-); HSBC, QInvest, Standard Chartered; roadshow in Middle East and Asia Sept. 23-Oct 1; Rule 144A/Regulation S talked at mid-swaps plus 325 bps area.

HUNGARIAN DEVELOPMENT BANK: Dollar notes; Citigroup, Deutsche Bank, JPMorgan; Rule 144A/Regulation S; roadshow started Sept. 23.

OJSC RUSSIAN AGRICULTURAL BANK: Dollar notes; BNP Paribas, Credit Agricole, Goldman Sachs, JPMorgan; roadshow started Oct. 2; Rule 144A/Regulation S; lender based in Moscow.

ZAPADOSLOVENSKA ENERGETIKA AS (ZSE): €250 million five-year notes, €300 million 10-year notes, possible €80 million tranche; Citigroup, Societe Generale; Regulation S; roadshow started Oct. 2; Bratislava, Slovakia-based electricity utility company.

Fall 2013

STATE OIL CO. OF THE AZERBAIJAN REPUBLIC (SOCAR): Possible notes.

BULGARIAN ENERGY HOLDING EAD: €250 million notes in the fall of 2013; based in Sofia, Bulgaria.

2013

CITY OF PRAGUE: €200 million bonds.

On The Horizon

LATVIA: $4 billion notes in 2013 or 2014; proceeds to refinance the sovereign's 2014 bonds and its bailout from the International Monetary Fund and the European Union.

PT INDIKA TBK.: Dollar notes due in 10 years (B1); Jakarta, Indonesia-based energy company.

LATIN AMERICA

Sept. 30 Week

GOVERNMENT OF BARBADOS: $500 million amortising notes due October 2025 in private placement; Deutsche Bank, CIBC; proceeds will be used to finance a tender offer, provide budgetary support to finance fiscal operations, build foreign exchange reserves, improve the government's external debt maturity; talked at 8¾% area.

BIOSEV SA: Dollar notes; BB Securities, BNP Paribas, Bradesco BBI, Citigroup, HSBC, Itau BBA; Rule 144A/Regulation S; roadshow Oct. 1-7; sugar cane milling unit of Brazil-based commodities company Louis Dreyfus Holding BV.

PERU: Benchmark-sized bonds; proceeds to fund infrastructure projects.

October

OCEANOGRAFIA SA DE CV; $280 million of five-year notes; Pareto; proceeds would be used to partially finance the purchase of two sub-sea vessels; offshore oil engineering services company.

Roadshows

Started Sept. 23: INDUSTRIAL BANK OF KOREA: Possible notes; Barclays, Societe Generale, Goldman Sachs, HSBC.

Started Sept. 23: TURKEY: Possible dollar-denominated offering; HSBC, QInvest, Standard Chartered.

Started Sept. 23: MODERN LAND (CHINA) CO. LTD.: Possible senior notes offering; Citigroup Global Markets Ltd., BOCI Asia Ltd., Industrial, Commercial Bank of China (Asia) Ltd.

Started Oct. 1: BIOSEV SA: Dollar notes; BB Securities, BNP Paribas, Bradesco BBI, Citigroup, HSBC, Itau BBA.

Started Oct. 2: EXPORT-IMPORT BANK OF MALAYSIA BERHAD (MEXIM): Dollar notes; BNP Paribas, CIMB, HSBC, Maybank.

Started Oct. 2: RAS AL KHAIMAH: Dollar sukuk notes; Al Hilal Bank, Citigroup, Mashreqbank, National Bank of Abu Dhabi, Standard Chartered Bank.

Started Oct. 2: OJSC RUSSIAN AGRICULTURAL BANK: Dollar notes; BNP Paribas, Credit Agricole, Goldman Sachs, JPMorgan.

Started Oct. 2: ZAPADOSLOVENSKA ENERGETIKA AS (ZSE): €250 million five-year notes, €300 million 10-year notes, possible €80 million tranche; Citigroup, Societe Generale.

Starting Oct. 3: AL KHALIJ COMMERCIAL BANK: Dollar benchmark notes; BNP Paribas, HSBC, QNB Capital, Standard Chartered Bank.

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